The PCUSA Parent Loan program was designed to serve Presbyterian Church (U.S.A.) members seeking assistance with the expenses of dependents attending college in the United States.
Eligibility Requirements
Parent must be:
- Active member of the Presbyterian Church (U.S.A)
- U.S. Citizen or permanent resident of the United States
- Full-Time parent or guardian of dependent student who is:
- enrolled at least half-time at an accredited college or university in the United States
- Making satisfactory Academic Progress
- Demonstrates educational cost in excess of awarded grants, scholarships and loans
- Gives satisfactory evidence of financial reliability
Range of Award
$10,000 per year $75,000 lifetime cap including all PCUSA educational Loans and Loan Assistance
Deadline
September 15th
Terms
Interest Rate: 6%
Repayment: Begins 60 days after final loan disbursement
How to apply:
A complete parent loan application includes:
- Part 1: Biographical Information
- Part 2: Financial Information form
- Church membership form (This form will be sent directly to the pastor or clerk of session after part 1 is received.)
- Master Promissory Note (This form will be sent directly to the borrower once part 1 is received)
Send application elements to finaid@pcusa.org.
This application is currently closed. Please visit pcusa.org/parentloan in Spring 2020 to apply.
Scholarships
The office of Financial Aid for Service also provides scholarships to undergraduate students. Visit www.pcusa.org/scholarship for more information.