约的学者
At North Park Theological 神学院 and in The 福音圣约教会, we want to see our ministry leaders living debt-free lives. That is why we have partnered together to offer this innovative form of financial aid. Students will receive a generous tuition discount from NPTS and the remaining tuition will be funded through the 福音圣约教会 and the 约的学者 interest-free loan.
计划的细节
The 约的学者 pilot program is designed specifically for residential MDiv students with an expected degree completion of three years (full-time studies). Students who have been accepted into North Park Theological 神学院 are eligible to apply. Minimum requirements are a 3.0 undergraduate GPA (or equivalent life experience), 专业的引用, and the endorsement of a Covenant church.
Approved 约的学者 will:
- Live in residence at the nation’s leading city-centered theological seminary.
- Form and articulate a 神学 of generosity, financial stewardship, and leadership.
- Experience seminary immersed and informed by the missional reality of “芝加哥 as classroom.”
- Be trained by world-class faculty to become missional pastor-theologians.
- Participate in unique internship opportunities, and actively engage with denominational leaders.
- Experience the core identity and ethos of the Covenant Church.
金融管理
Once a student is accepted into the 约的学者 program, his or her tuition costs at NPTS will be 100% covered by this private, 零利率贷款计划. No interest will accrue during (or after) the program for any student who meets the Covenant Scholar program performance requirements.
Key features of the program include:
- No tuition costs outside of this loan package during the three-year program.
- Each student commits to develop a prayer/support network, 增加5美元,000 during the three-year program (example $100 x 50 partners). 这5美元,000 (due any time before graduation) can be crowdfunded in a variety of ways, including connecting with partner churches. Any incremental amount raised will further directly reduce the 0% loan balance outlined below.
- 项目完成后, student obligation is a maximum of $250 / month for 84 months in a 0% interest loan structure.
- Payback to the program ensures the potential to continue the program for future students.
- Financial counseling will be required, with limitations on other forms of debt accrual during the program.