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From the President of the Pension Fund:
Colleagues – We are extending the deadline for EIM applications to April 30. If you have clergy in your region or within your racial/ethnic constituency who are within their first five years of ministry – ordained or commissioned – please forward this to them and encourage them to apply. https://pensionfund.org/what-we-offer/excellence-in-ministry
This is a great way for pastors to learn about financial wellness, receive a debt relief grant, address the shame and guilt of debt, learn about student loan forgiveness, learn basic household finances, and develop meaningful relationships. Those who complete the requirements of the program also become eligible for a debt refinancing program we offer through Ministerial Relief.
Additionally, next week we are going to do another push around student loan forgiveness for employees of non-profits. This will go via e-blast, DNS, and social media after Easter. Our pastors and church workers should be applying to have their student loan debt forgiven because they work for a qualified non-profit (and there are of course other criteria they have to meet per the Federal Government). Your Money Line is prepared to help pastors navigate the application process. We had one couple receive debt forgiveness in excess of $200,000 in combined student loan debt. That’s a game-changer!
Please help us share this information!
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