Skip to Main Content

Student Debt Reduction Grant Renewal

Student Debt Reduction Grant Renewal

Renewal application for those who have already received a Student Debt Reduction grant once or twice in the past.

Purpose: To reduce the amount of student loan debt incurred by clergy in appointment in the Dakotas and Minnesota Annual Conferences and increase personal financial literacy through participation in offered financial management education opportunities.

Eligibility Criteria:

  • The applicant is a provisional or ordained deacon or elder or a licensed local pastor in good standing with the Dakotas or Minnesota Annual Conferences.
  • The applicant is under appointment and actively serving a local UM congregation or an extension ministry in the Dakotas or Minnesota.
  • The applicant is a provisional or ordained deacon or elder or licensed local pastor in the Dakotas or Minnesota Annual Conferences who has been under active appointment within the last year, but is currently on leave.
  • The applicant is able to provide evidence of current student loan debt resulting from college or seminary education.
  • The applicant has previously received a student debt reduction grant and is applying for a renewal.
  • The applicant, as described above, is eligible to receive up to $5,000 annually renewable up to three years total, not to exceed the student loan payoff.

Complete the application between July 1 and August 30, 2019.If you have questions about the grant process, contact Diane Owen at diane.owen@dkmnareaumc.org.


Personal Information

Please include your home address (not church address)


Clergy Information

If Yes

If No


Financial Student Debt Information

Remember to submit evidence of debt balance and payment along with loanholder information for disbursement of funds to Diane Owen.See above Steps in the Application Process for details.


Disbursement Procedures

Grants are paid directly to the loan institution. Grant recipients will receive a 1099 for the amount of award and are encouraged to seek further personal tax advice.


I request the renewal of the Student Debt Reduction Grant in the amount of $5,000, or remainder of student loan debt (whichever is less).

By typing your name below you are verifying your name and date of this signature.

UMC

Dakotas Annual Conference of The United Methodist Church 605.996.6552 https://www.dakotasumc.org/media/library/fluid-mod-setting/12/logo/logo.png https://www.dakotasumc.org/media/library/fluid-mod-page/2/slideshow_home/GC_2020-banner.jpg 1331 University Ave. Mitchell SD 57301-0460 US 43.69689310 -98.03291320 122 W. Franklin Avenue Ste 400 Minneapolis MN 55404 US 0.00000000 0.00000000 1331 W University Ave Mitchell SD 57301 US 0.00000000 0.00000000 1331 University Ave Mitchell SD 57301 US 0.00000000 0.00000000 http://www.facebook.com/dakotasumc http://www.twitter.com/DakotasUM https://vimeo.com/dakotasumc https://www.instagram.com/dakotasumc https://www.flickr.com/photos/dakotasumc/albums