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Financial Aid for Indiana-Kentucky
Synod Candidates for Rostered MinistryThe
Indiana-Kentucky Synod has been the grateful recipient of bequests and other gifts
that have been invested and designated for the financial support of candidates
for rostered ministry from our synod. All
scholarship funds are limited to candidates who have received a positive Entrance
Decision from the Synod Candidacy Committee. Reception of these funds is not retroactive
if that Entrance Decision occurs after an applicant begins theological education.
- All "Entranced"
candidates who are in seminary full-time receive $1000.00 per academic year for
up to three years. This Student Assistance Scholarship is paid directly to their
seminary in two equal installments, one each in the fall and early spring, to
be applied to tuition. Candidates do not receive this scholarship while on internship.
There is no application necessary for these funds. We only need to know where
you are attending seminary and that you are a full-time student.
- After
dispersing the Student Assistance Scholarship funds, which typically amount to
about $25,000 per year, the harvest from the endowments normally provides additional
funds we can share as scholarships for a few candidates. These scholarship funds
typically begin at $500 and move up in $500 increments.
- A
Financial Aid Team for Candidacy (affectionately referred to hereafter as FAT
CAN) has been established to oversee the dispersal of these funds. This team's
responsibilities include receiving applications and making decisions about who
will receive this scholarship money and how much each person will receive. Applicants
for these funds do not need to be full-time seminary students, but they must have
a positive Entrance Decision from the candidacy committee and be actively engaged
in theological education and other aspects of progress through candidacy. It is
expected that these scholarship funds will be applied to costs directly related
to candidacy and preparation for rostered leadership.
- Scholarship
funds are available for Spring Term 2007! The application deadline is Wednesday
November 22. The decisions will be made by FAT CAN in December, after which applicants
will be notified of the Team's decisions. Funds will be dispersed in January 2007.
Access the application form in PDF format here.
Fill it out and submit it to Pastor Bill Gafkjen in the synod office via fax (317-254-5666)
or postal mail by the stated deadline. Please note there is also an authorization
form to bring to your school's financial aid office. Prompt attention to this
will expedite the process.
The
current round of applications is for Spring Term 2007. Applications for the 2007-2008
school year will be available in the spring and decisions for that school year
will be made before summer.
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