Minister Debt Relief helps ministers pay down debt — and achieve greater financial well-being — through financial planning and a grant of up to $10,000. Starting January 1, 2022, this three-year pilot program will provide up to 150 grants per year.
For Presbyterian Church (U.S.A.) ministers, personal matters, such as financial planning, often take a back seat to serving their congregations. As a result, many ministers struggle with financial debt. With these concerns weighing on them, they cannot bring their best gifts to ministry.
The more financially responsible we are, the greater our well-being. To help alleviate financial burden and support the wholeness of PC(USA) ministers, the Board of Pensions has introduced Minister Debt Relief, a new assistance program that addresses minister debt for enrollees in Pastor's Participation or Minister's Choice.
Grants are up to $10,000.
Note: A minister cannot receive more than $25,000 in combined awards from Healthy Pastors, Healthy Congregations; Minister Educational Debt Assistance; and Minister Debt Relief.
To qualify, you must
Participants will then be connected with Ernst & Young Employee Financial Services for individual debt-specific financial planning, at no cost to the participant.
*Ministers currently enrolled in Minister Educational Debt Assistance are eligible for this program. Previous Healthy Pastors, Healthy Congregations grant recipients are not eligible for this program at this time.
Call the Board of Pensions at 800-773-7752 (800-PRESPLAN).