May 22, 2006
In a recent meeting, the C&MA Board of Directors voted to reallocate part of Great Commission Fund grants to Alliance colleges and the seminary to be used for scholarships and for tuition loan repayments for those individuals pursuing ministry with The Alliance. Students currently enrolled in C&MA schools—and preparing for vocational ministry with the C&MA—can apply for a one-time $1,000 scholarship during their junior year. Thirty scholarships will be awarded to those individuals headed toward overseas ministries, and 20 will be for those looking at U.S. church ministry.
In addition, graduates of Alliance schools can apply for tuition loan repayment when they enter ministry with The Alliance. Applicants can apply annually for a $2,500 reimbursement—or a maximum of a $7,500 lifetime reimbursement.