Scholarship/Loan Repayment Assistance Programs
New Ministry Scholarship and Loan Repayment programs are now available for students attending C&MA schools—or who have attended an Alliance school in the past five years—and who are headed for or in vocational ministry with The Alliance.
Ministry Scholarship Program
The Ministry Scholarship Program will grant 5 scholarships at each Alliance school in the amount of $2,000 to students preparing for vocational ministry with the C&MA. The scholarships will be awarded at the end of the student’s junior year for use in their senior year if in college or after 24 hours of graduate credit if in seminary or grad school.
Scholarship applications will be processed through the Candidate Development Office representative on each campus. It is best to contact the CDO representative at the beginning of the fall semester of the student’s junior year or after completing 24 hours of grad credits. For CDO representative information, contact scholarships@cmalliance.org. Deadline for the scholarship application is March 15.
Loan Repayment Program
The Loan Repayment Program, like the Ministry Scholarship Program, is available to students preparing at one of the C&MA schools for vocational ministry with the C&MA. Application must be made within five years of completing their training. Applicants can receive up to $7,500 over three years toward education debt repayment while serving with the C&MA in the US or overseas. The loan repayment amounts will be sent directly to the loan agency and will match an amount equal to what the student has paid towards their loans in that year. Learn more
For International Ministries Appointees only: We also want to make you aware of another opportunity that promises even more help for those who become Appointees. The President’s Cabinet has approved a restricted account into which family, friends and churches can give money toward your debt retirement. Donors would be allowed to contribute up to $7,500 between the time of appointment and departure for the field in addition to the money coming from the C&MA. The gifts would be tax deductible to the donor and paid directly toward your loans. This amount would not replace the amount you are asked to pay in the matching portion of the program. You may tell those who might want to contribute to send their gifts to the C&MA Loan Repayment Fund for [your name].
