FINANCE
Financial
endorsement is essential:
1. A. The regular grant from ZBC for 30%, i.e., faculty salary, of its Administration Fund,
B. The ZBC 30% grant to the ZTC is going to slide, 5% annually, starting 2007 and ending 2013. Hence, Endowment Fund, a shift from funding pattern one to two. |
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2 Normal request to churches of their annual budget,
3 Contribution & freewill offering from partners both local and overseas,
4 Tuition fee of students, rated at one half of messing fee.
Indeed a high tuition fee is just a pointer to a costly theological education, rather than a cheap theological education
Accordingly, 2008-9
budget reaches to 300 lakh kyats:
175.5 being 30% of ZBC Admin fund;
67.2 lakh being students’ tuition fee;
15.0 lakh being contribution from friends & churches.
42.3 lakh being partners/fundraising
Regarding aid and scholarships, these
are available:
(1) Being a fullfledged member of the ATESEA, the college is receiving grants from Foundation for Theological Education in South East Asia, FTESEA, in three areas of development: faculty, library and student.
(2) The Sowards Memorial Scholarship Fund is a big blessing to pastor’s kids, and the most needy students.
(3) The Judsons Educational Aid is a regular fund for some outstanding senior students.
(4) David Za Hre Lian’s Memorial Scholarship Fund.
(5) Revolving loan funds for K 20,000 from Stephens & Carsons.
2009-2010 Study Costs
Tuition - B Th & B Min = 120,000
- BRE = 130,000
- M Div =140,000
Messing – 120,000
Hostel – 5,000
Endowment Fund – 5,000
Book & Pocket – 90,000
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