The Student Aid Fund
The purpose of The Student Aid Fund is to offer financial assistance to persons preparing to fulfill their call to full-time pastoral ministry in the Susquehanna Conference of the United Methodist Church.
● You must be a certified candidate for the ordained ministry (for deacon or elder) in the Susquehanna Annual Conference,
● The applicant must be attending or planning to attend a school approved by the University Senate of the United Methodist Church.
● The applicant must maintain a grade point average of at least 2.0 on a 4.0 scale or its equivalent.
50/50 Match at United Methodist Seminaries
We have an agreement at Wesley, Drew, United, and Garrett-Evangelical seminaries to providing matching tuition assistance. Susquehanna students at these institutions can attend tuition free – with 50% provided as a service loan from the Student Aid Fund, and 50% provided as a scholarship from the school.
THE SERVICE LOAN:
Seminary - $5,000 per year up to 4 years (or 50% match at Wesley, United, Drew, or Garrett-Evangelical seminaries)
Undergraduate - $2,000 per year up to 4 years
The Fund will forgive 20% of the Service Loan for each year of full-time pastoral service rendered under the appointment of the bishop of the Susquehanna Conference following graduation from seminary. Should the recipient fail to fulfill the agreement referred to above, the Fund will convert the Service Loan (or any unforgiven portion thereof) to a regular loan to be repaid over 10 years.
THE REGULAR LOAN:
Seminary - $1,500 per year
Undergraduate - $1,200 per year
This loan begins to accrue interest at the end of a student’s career and must be repaid over a 10 year period.
For information or an application packet, contact Rev. Nick Keeney at 717.561.0388 or email@example.com