We have updated our Privacy Policy to provide you a better online experience.
Review
Student Loan Assistance

The Empowering Stewardship program was created to promote financial health and literacy for Assemblies of God ministers. Providing financial grants to help ministers reduce the cost of education is one way we accomplish our mission.

 

Program #1:  Matching Student Loan Grant

The Empowering Stewardship Matching Student Loan Grant is designed to help ministers reduce the burden of student loan debt.  This grant requires the employing church to provide a matching grant which can help drive down our minister's existing student loan debt.

One-time requests up to $1,500 will be considered for eligible Assemblies of God ministers when matched by the minister’s church or 501(c)3 employing organization.

Grant money awarded by Empowering Stewardship will be sent to the church / organization on behalf of the grant recipient.

REQUIREMENTS

  • Any AG credentialed minister is eligible

  • AG minister must be employed by a church or other 501(c)3 organization

  • Multiple credentialed ministers at the same church are eligible

  • Employer must complete the application

  • Employer agrees to provide $1,500 or more in a matching grant and send both grants to the minister's student loan provider

  • Grant funds from Empowering Stewardship are limited and not all churches may be able to participate

IMPORTANT TAX INFORMATION

For a grant to be tax-free to the minister, the church/organization who is providing matching funds must have an IRS-qualified education assistance program in place.  

A sample template for establishing an Educational Assistance Program can be downloaded here:  Employer Educational Assistance Program Template

Note: Churches without an education assistance program policy ARE still eligible to participate in this grant.  The church will need to make the student loan payment taxable to the minister.

APPLY HERE

**********************************************************************************************************************************************

Program #2:  Empowering Stewardship & AGTS Partnership

The AG’s Empowering Stewardship is pleased to announce a partnership with the Assemblies of God Theological Seminary.  In order to help AG ministers seeking a master’s degree, the Empowering Stewardship program has provided $26,000 to AGTS to help provide scholarships to AG credentialed ministers. AGTS has matched these funds to provide a total of $50,000 in scholarships to AG Ministers. Scholarships up to $3,000 per credentialed minister, per year, will be available to help reduce the cost of tuition.

For nearly 50 years, AGTS has helped the fellowship prepare pastors, chaplains, and missionaries by equipping and re-equipping them to reach a world that badly needs Jesus. There are several ways the seminary helps:

AGTS has several online and hybrid degree programs that are available from almost anywhere in the world and designed specifically for Spirit-empowered ministers in Pentecostal ministries.

The degree programs provide new leadership skills and resources to help ministers disciple and reach out to their communities, wherever they are. AGTS provides seasons of refreshing, equipping, and even re-equipping for ministers to help them run the race well for the long-term and finish well.

To help ministers enjoy more of the fruit of their ministry, Empowering Stewardship is partnering with AGTS to offer $50,000 in scholarships for AG ministers interested in pursuing a higher education degree. This will help ministers who feel called to further education the way forward to reach the fullness of their callings.

And it’s easy: Simply contact Tim Hager at AGTS - hagert@evangel.edu or call 417.865.2815, ext. 8810.

1445 N. Boonville Ave. Springfield, MO 65802-1894 417-862-2781 ext. 3480
2020 by the General Council of the Assemblies of God