Founded in 1905 as the Bible School for training Christian men, workers, and missionaries through a grant from American industrialist and Northern Baptist John D. Rockefeller, the CPU College of Theology is the oldest college and academic unit of Central Philippine University and "the first Baptist theological seminary (and the first Protestant seminary outside Manila) in the Philippines".
An idea of establishing an industrial for boys and theological seminary to train Christian workers and ministers thereafter was conceived.
[4] Before it, Valentine and Miss Van Allen were married back in 1903 and thereafter, the couple left for the new appointment in Iloilo in the Philippines.
The leadership of the Bible School was turned over to the Reverend Henry Munger who conducted classes off campus.
The seminary for women continued to develop separately from the Baptist Missionary Training School until 1938, when it was merged with the Department of Theology of Central Philippine College.
A significant part of this Filipinization process took place in 1966 when Dr. Rex D. Drilon became the first Filipino President of the university.
[5] It provide various undergraduate and graduate degrees which are accredited with the Association for Theological Education in South East Asia.