This grant helps eligible families of first-year college students with transitional expenses, such as a computer purchase or dorm furnishings. If you meet the eligibility requirements, you may receive a grant of $500 to $1,000, depending on your total household adjusted gross income.
One-time grants are available to active Medical Plan or Defined Benefit Pension Plan members who meet the following eligibility criteria:
If you meet the eligibility requirements, you may receive a grant of $500 to $1,000, depending on your total household adjusted gross income (see chart below). To qualify for a grant, your income must not exceed $124,200 (two times the 2022 congregational ministers' median effective salary).
| Total adjusted gross income* (as a percentage of the congregational ministers' median effective salary) | Grant amount |
|---|---|
| Less than the congregational ministers’ median effective salary | $1,000 |
| Greater than 100% but less than 120% | $900 |
| Greater than 120% but less than 140% | $800 |
| Greater than 140% but less than 160% | $700 |
| Greater than 160% but less than 180% | $600 |
| Greater than 180% up to 200% | $500 |
| *as reported on your federal tax form | |
Call the Board at 800-773-7752 (800-PRESPLAN).