The board of trustees of Episcopal Divinity School (EDS) in Cambridge, Mass., has voted to roll back tuition by 25 percent for its master of divinity and master of arts degrees in theological study programs next year.
“This decision reflects EDS’ commitment to making theological education accessible to a wide range of students,” said the Rev. Randall Chase, acting president in a release. “For several years we have been looking for ways to address the problem of access to an Episcopal seminary education: our distributive learning master’s program makes access possible for students unable to relocate for two to three years; reducing tuition for our fall and spring master’s students, in combination with our financial aid program, helps to reduce seminarian debt, which often serves as a barrier to studying at EDS.”
Concerned about the effect of the nation's economy on the ability of prospective students to access a theological education, the trustees rolled back tuition from $16,500 to $12,500. The cuts will be effective from fall 2009.
Last March, EDS announced its partnership with Lesley University. While EDS has not been immune to the financial realities facing other endowment-driven institutions, the Lesley partnership has helped to offset these losses.
http://www.livingchurch.org/news/news-updates/2009/3/4/eds-cuts-tuition-by-25-percent
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