Student Loans

All students must adhere to the institutional loan policy of taking out no more than $8,000 per semester and $16,000 per academic year. All students who request amounts that exceed the policy above will need to request approval from the Associate Director of Student Resources and Financial Aid by contacting the Financial Aid office.

We want to encourage students to use wisdom when thinking about interest rates, payback options, and the long-term effects of taking out loans. Student loans should be taken out with careful consideration. Some things to consider before taking out a loan are:

  • What is your total need per semester?
  • How much of your income can be used towards your tuition?
  • How much are you expecting in financial aid and/or other scholarships?

Interest Rates

Variable Rates from 3.94%-13.126% and Fixed Rates from 5.29%-14.87% depending on the loan company.
For examples of possible lenders and their current rates, you can view the following list of private loan companies.


  • Fall Semester - July 15th
  • Spring Semester - December 15th

Please keep in mind, Southeastern Baptist Theological Seminary does not accept federally subsidized loans (e.g. Stafford, PLUS). All loans must come through a private company. Please allow a three-week minimum turn around for your loan to be processed and certified.

How to Apply

Fill out the Pre-Loan Application with the amount requested and the time period you want the loan for. Please also see the Tuition and Fees page to calculate your anticipated cost per semester.

Pre-Loan Application Tuition & Fees

Apply for a student loan through a private loan company (Sallie Mae, College Ave, Discover Student loan, etc.). Students should research interest rates and repayment options to decide which company to choose before submitting an application through their website.

Once the student has submitted their Pre-Loan Application to the Financial Aid Office and has been approved by the private loan company, the Financial Aid Office, will be able to certify the student’s loan. Please note, the Financial Aid office will only certify the amount that the private loan company has approved. The loan will disburse approximately 10 business days after certification.

Students who desire to use their loan money for books or non-tuition expenses must request a check from the Accounting Services office after the funds have been disbursed and all tuition and fees have been paid.

While we do not accept federal loans, more information about different types of loans, specifically private loans, can be found here.

Types of Loans

If you are in the process of repaying student loans, information on refinancing and consolidation can be found here.

Consolidation & Refinancing