The United Methodist Scholarship and Loan Programs are a churchwide educational service proviting scholarships and loans to help supplement the financial needs of today's students. Funding for these scholarships and loans are provided through offerings, wills, annuities and other designated gifts. Through the Loan Program, students may borrow up to $5,000 per year at 3.75%-5% interest. The 135 year old United Methodist Student Loan Fund is the oldest student loan fund in the United States.
Applicant must be:
An active, full member of the United Methodist Church for at least one year prior to application.
Admitted to a degree program in an accredited college/university OR a degree candidate attending a professional or graduate school accredited by its respective accrediting agency.
Maintaining at least a C average (or equivalent)
High School students may apply if they will be college students in the fall term.
Interest-free loan for full-time students entering their final year of study. Must possess qualities of leadership, motivation, character, need, self-reliance, scholastic record and service/commitment to others.
American Baptist students attending non-ABC seminaries. Must demonstrate financial need and be a member of an ABC congregation.