Baptist Theological Seminary strives to keep the cost of accredited theological education to a minimum for the students.  The lean administrative structure and processes have enabled BTS to optimize its financial resources on increasing the faculty strength and developing print and digital learning resources.
With the support provided by the churches and individuals, BTS has been able to offer a heavily subsidized theological education for the students.  Charges for tuition and other fees reflect only a portion of the ost of seminarian education.
In order to work alongside the local and overseas churches to enable men and women called by God to complete theological education at BTS, the Seminary endeavors to provide two types of student financial assistance: the need-based financial aid and the merit based scholarships.
Need-Based Financial Assistance
The goal of BTS's need-based financial aid is to assist full-time and part-time students who due to some circumstances encountered demonstrated financial difficulties.  Need-based assistance can be provided on a one-off basis.  To establish the financial need, the Seminary will look into the different between the total cost of studies during the academic year and the student's expected incomes from various sources.  Students who need to apply for financial aid may obtain the application form from the faculty mentor and submit the completed form to the Committee of Admissions and Financial Assistance through the faculty mentor.  The amount and duration of assistance are approved and subjected to review by the Committee in its sole discretion and on a case by case basis.
Merit-Based Scholarships
The goal of the BTS merit-based scholarships is to help needy students who fulfill the criteria to meet basic study and living expenses incurred while pursuing their studies at BTS.  These include tuition fees, monthly housing rental, food and transportation expenses, etc.

The number of scholarships available each year varies according to the availability of fund.  Prospective international students who need financial assistance to study at BTS will have greater opportunity for finding such help BEFORE they leave their home countries than after they arrive at BTS.  The application form of scholarships may be obtainable from the Registrar Office.  The application form must be completed and submitted together with the application materials if applicants are interested in being considered for scholarship assistance.  Only application forms which are complete in information will be considered.

In awarding scholarships for international students, BTS only consider those who have clearly indicated in writing their commitment to go back to serve in their home countries upon their completion of studies at BTS.  Among such applicants, BTS will use the following guidelines to select recipients for the scholarships:

Clarity of Educational Objectives and Ministry Direction

Scholarship applicants should clarify educational objectives and articulate a clear sense of calling to full time Christian ministry, demonstrate current ministry involvement, and carry the potential for leadership among the Baptist denomination in one’s home country. The awarding of the scholarship is contingent on the recipient’s commitment to return to his or her own country to resume ministry after completed the course of study. Should the recipient choose not to return to his or her home country immediately upon graduation, the Seminary requires that any scholarship awarded be paid back in full according to a payment schedule set by the Seminary.
Country of Origin
Though no absolute rule applies, preference is given to applicants who do not have a comparable seminary program of study available to them in their home country.
Denominational Affiliation
While the scholarship is not exclusively limited to Baptists, preference will be given to those who have been actively involved in a Baptist church for at least two years prior to making application to BTS.
Financial and other Support from Your Home Church and Denomination
Financial support from the applicants church or denomination should be demonstrated in the application process, or through other written documentation provided with this scholarship application. Personal and moral support should be demonstrated through letters of recommendation and church endorsement.
Realistic Strategy for Managing Educational, Financial and Family Obligation
Applicants must provide information about how they plan to take care of their family’s financial and personal needs. They must also show how their family will be supported in their home country if they do not join the applicant at BTS.
Ability to Write and Speak English Language
This should be demonstrated with a satisfactory TOEFL score of 550 points and in the essay required with the applicant admissions application. Scholarship applicants should also be able to demonstrate a high level of proficiency in conversational English, both speaking and listening. The Seminary may require attendance at remedial English classes during the course of one’s study, if the administration deems it appropriate.
Maturity and Flexibility to Adapt Cross-culturally
The applicant’s ability to adapt to another culture for the period of study is essential to successful completion of the program of study. The applicant’s emotional maturity and determination to complete the required course of study will be assessed in the interview process and in the essay submitted by the candidate.
To Note
Students who defer enrollment after receiving a theological scholarship or financial aid should not assume that the same types and amount of financial help would be available for a subsequent period of enrollment.
Calculation and Revision of Scholarship Amount
The amount of full scholarship per year for a single student is established based on:

   (a)  the number of credit hours the student is expected to take during the academic year,

   (b)  the estimated monthly expenditure on basic accommodation for a single student,

   (c)  an estimated monthly living costs excluding accommodation, and

   (d)  other one-time expenses to cover medical examination, insurance and various miscellaneous expenses.

The estimated basic monthly expenditure coving accommodation and living costs will be reviewed and approved by the board as and when necessary.  In determining the amount of support, items like airfares to and from Singapore, purchasing of computer or hand-phone, support of family members or relatives will not be considered as allowable expenses.

Review/Continuing Eligibility of Scholarships

Individual awards are not renewed automatically.  Continued eligibility for scholarship and financial assistance will be evaluated on an ongoing basis. 

Recipient of financial assistance who after enrollment must inform the Registrar Office when considering making any of the following changes:

   (a)  reducing course loads;

   (b)  changing student status;

   (c)  changing church membership;

   (d)  changing post-studying arrangements with the sending church or BTS's ministry partner who has supported the recipients's application for the financial assistance;

   (e)  withdrawing from the registered program;

   (f)  transferring to another institution;

   (g)  deferment, or

   (h)  any changes that render it necessary for the Seminary to review the basis of assistance.

It is the Seminary's sole discretion to cancel, reduce or make other necessary adjustments if any recipient changes to the paragraph mentioned above.  However, students who feel that circumstances have led them making such change may appeal to the Committee of Admissions and Financial Assistance in writing.  The seminary in its sole discretion may waive the requirements.

As a merit-based support, scholarship awards are subject to annual review by the Committee of Admissions and Financial Assistance.  Continuing eligibility is based on the following considerations:

   (a)  unchanged status for study plan, church membership and post-study arrangements;

   (b)  a cumulative grade-point-average (GPA) of 3.0 or higher;

   (c)  completion of at least 30 credit units each year;

   (d)  satisfactory behavior and attitudes inside and outside the classrooms.

Students who do not meet the requirements of continued eligibility for scholarship will receive counsel and advice from the seminary and may at the Seminary sole discretion be required to change course of study of student status.