Last updated: February 4, 2026
Perkins School of Theology at Southern Methodist University is pleased to confirm that a teach-out agreement is fully executed and in effect between Perkins and Memphis Theological Seminary (Memphis).
Through this agreement, currently enrolled Memphis students who are scheduled to complete their degrees after May 2026 are eligible to complete their degrees at Perkins, ensuring academic continuity, full academic integrity, and a clear path to degree completion.
This page serves as a one-stop resource for Memphis students, providing information about eligibility, academic planning, financial considerations, and next steps under the active teach-out agreement.
Financial & Scholarship ConsiderationsAs part of the signed teach-out agreement:
Perkins is committed to ensuring a smooth transition and will provide:
A teach-out program is a formal agreement between accredited institutions that allows students from a closing institution to complete their degree program at another institution.
Under the Perkins–Memphis teach-out agreement:
You are eligible if you:
Perkins School of Theology is the official teach-out partner of Memphis Theological Seminary with the teach-out plan approved by our accreditors. It is especially important that D.Min. students work through Perkins in the teach-out because of the cohort structure of the program in order to keep the groups already formed studying together. This also allows Perkins to have sufficient numbers of students in each cohort class.
Master’s students are not required to transfer to Perkins and may seek to transfer to any school that will accept them. There are, however, several distinct advantages to working with Perkins as the official teach-out partner:
(a) In a teach-out, transfer of all credits earned at Memphis and all credits previously accepted by Memphis at other institutions is guaranteed.
By contrast, students seeking transfer must apply, individually, for admission to another institution, which is then free to decide on a case-by-case basis whether to accept the student as well as how many and which academic credits to accept from the student’s work at Memphis or prior institutions. Credits from prior coursework are often not all accepted—or are accepted only as electives, narrowing their applicability toward graduation requirements.
(b) Guaranteed admission for any currently enrolled Memphis student in good academic and disciplinary standing – no admission application or application fees;
(c) 100% tuition scholarship award is guaranteed to all Memphis current students for credits needed to graduate in their chosen degree program;
(d) You will finish the same or comparable degree with the same or comparable course requirements;
(e) Perkins will offer maximum flexibility in designing a customized plan of study to help you finish your degree with the same guaranteed time-to-completion allowed by Memphis.
No application is required.
Memphis students are automatically accepted by Perkins under the teach-out agreement. To move forward, students will be asked to:
There are no application or admission fees associated with the teach-out.
Last updated: February 4, 2026
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