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.
Detailed below is eligibility and grant amount information for 2021. The Board of Pensions has announced extensive changes to the Assistance Program that support wholeness and broaden eligibility. Read more about these changes, which take effect January 1, 2022.
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%
|Greater than 120%|
but less than 140%
|Greater than 140%|
but less than 160%
|Greater than 160%|
but less than 180%
|Greater than 180%|
up to 200%
|*as reported on your federal tax form |
Call the Board at 800-773-7752 (800-PRESPLAN).