Funding Your Studies

Funding for Formation

STM recognizes the financial challenges faced by those looking to pursue careers in ministry or theological scholarship. We are deeply committed to assisting academically qualified students afford an excellent graduate education. Each year, generous funding is provided to new students through several types of financial assistance, supporting those candidates who have the strongest academic credentials, ministerial commitment, and greatest financial need.

  • On our scholarships page, we have a full list of the awards available through STM. Applicants are considered for these awards by indicating interest in being considered for financial aid on their application. No separate application is required.

  • We have a number of tuition partnerships available for groups such as former volunteers, Catholic educators, parish ministers, and those working in Hispanic Ministry. Learn more.
  • STM offers financial support to all degree students interested in attending a retreat and participating in spiritual direction.

  • STM degree students wishing to attend academic conferences can apply for generous funding from the STM Student Forum, the STM Dean’s Fund, and the BC Office of Graduate Student Life to help cover costs.



master's students receive financial support

Cost of Attendance

For 2022-2023 the tuition cost per credit at STM is $1,196.

How much will it cost?

To help you budget the cost of your graduate program, we've provided this breakdown of expenses. These are only estimates. Additionally, the Office of Student Services has resources to help you calculate an approximate cost of attendance, which includes both tuition and living expenses.

Expense Estimated Cost per Academic Year
Tuition and fees
$28,700 (24 credits)
Rent and utilities
Personal expenses $5,200
Books and supplies $1,900
Total $53,500