New resources from the Presbyterian Mission Agency’s Financial Aid for Service provide guidance on how to manage one’s student loans, now that the Coronavirus Aid, Relief and Economic Security Act (CARES) has been signed into law by President Donald Trump.
Thanks to revisions within Presbyterian Mission Agency’s Financial Aid for Service, Presbyterian Church (U.S.A.) students attending any accredited seminary in the U.S. can now apply for 2020-21 graduate scholarships awards at pcusa.org/apply4scholarships.
Presbyterian Church (U.S.A.) students seeking their first associate or bachelor’s degree are encouraged to apply now for scholarship awards through Presbyterian Mission Agency’s Financial Aid for Service at pcusa.org/apply4scholarships.
The Presbyterian Church (U.S.A.)’s first-ever comprehensive Minister Survey, fielded in fall 2019, has resulted in some 680 ministers receiving information on Presbyterian Mission Agency and Board of Pensions programs that can help them reduce their current educational debt and tap into financial aid programs for their children’s education.
Without the support of the Presbyterian Church (U.S.A.), the Rev. Denise McLeod isn’t sure she would have survived.
A widowed minister serving a small church, Trinity Presbyterian, in Key West, Florida — and raising a son who is now a senior in college — she applied for the Presbyterian Mission Agency’s Loan Forgiveness for Pastors.
When seminarian Alexandra Pappas felt the call to ministry while in her late teens, she was intimidated and afraid. Doubtful that God could possibly call someone like her to be a pastor — she constantly battles the desire for perfection, especially in worship and preaching — Pappas decided to go to seminary anyway.
At its recent spring meeting, the Presbyterian Mission Agency board unanimously voted to increase the impact of Presbyterian Mission Agency’s Student Loan Debt Forgiveness program.
A Florida woman who was a lifelong Presbyterian, a savvy investor, and a pioneer for women in the Chicago banking industry, has left a bequest of more than $1 million to the Presbyterian Foundation. The money is being used to establish a fund for scholarships for students attending colleges and universities affiliated with the Presbyterian Church (U.S.A.).
Applications are now being received for the new parent loan program through the Presbyterian Mission Agency. Available for Presbyterian Church (U.S.A.) members, the parent loan, administered through Financial Aid for Service, offers a six percent interest rate.