The cost of educating one student is approximately $10,000 per year. Generous friends like you enable Central to fully underwrite about 30% of this cost for every student. In addition, your support enables Central to award just over $1 Million in scholarship support each year. Over 70% of our students receive a scholarship for at least a portion of their remaining fees each year.
The Central Fund is our version of the annual fund. It costs Central approximately $10,000 to educate one student each year. Of course, we do not charge students this amount. At most we might charge $7,000 per year, and most of our students still need help to pay this amount. That means we need to raise at least $3,000 per student per year plus another $1,000,000 to fund various scholarships. Most of our funding comes from individuals and foundations. Thank you for your support.
Dr. Richard P. Olson, Distinguished Professor of Pastoral Theology at Central Seminary, was given the distinguished service award at the 2016 Commencement ceremony. Dr. Olson has shaped generations of students at Central. He has brought keen scholarship and pastoral wisdom to his role as professor and richly deserved the seminary’s Distinguished Service Award. You are invited to participate in the endowed scholarship in his honor. It is our hope that this endowed scholarship will further reflect the esteem we hold for Dr. Olson, as well as give an opportunity for a student who is considering seminary to take a class without cost to help make that decision.
Central and Bethel have a long and close relationship. We are continuing that relationship by serving as the online donation resource for Bethel. Bethel receives all money donated on this site that is marked for Bethel. Central is happy to provide this assistance for a valued missional ministry partner.