This program is intended to help eligible families of first-year college students with transitional expenses, such as a computer purchase or dorm furnishings.
The Board of Pensions is unable to receive and process mail at this time while our offices are closed. To apply for a grant, email your completed application form to memberservices@pensions.org. If you have any questions, please contact us.
“Thank you for your investment in Presbyterian students like me.”
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 from $500 to $1,000, depending on your total household adjusted gross income, as follows. To qualify for a grant for the 2020-2021 academic year, your income must not exceed $122,400 (two times the 2021 congregational ministers' median effective salary of $61,200).
| 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).