Financial Aid for Studies Announces New Theological Student Loan Forgiveness Program

“Real people” in the Presbyterian Church (U.S.A.) Served as the Program’s Inspiration

The Office of Financial Aid for Studies has announced a new program designed to forgive loans made to seminary graduates who are serving in part-time or temporary pastoral positions in Presbyterian Church (U.S.A.) congregations of 150 members or less.

This program was developed by the General Assembly Mission Council to make service to hard-to-call churches more financially attractive, provide relief to pastors burdened with educational debt and to complement the Board of Pensions’ Seminary Debt Assistance program, seeking especially to serve applicants who are not eligible for that program. More…

For a complete list of eligibility criteria or to download an application, due June 15, 2011, visit theFinancial Aid for Studies website.