Education Debt Relief
3 Major Components
- Financial Literacy
- Financial Peace University
- Financial counseling with LSS Minnesota or Portico (free)
- Education Debt Grants
- Grant levels will vary depending upon the level of debt and ability to repay
- helps leaders reach financial goals (optional)
New applicant’s requirements:
- Complete the Financial Peace University course.
- Receive 3 free financial counseling sessions from a Portico or LSS Minnesota representative.
- Submit your Report to your Bishop for the current year.
- Submit proof of education loan payments for the most recent 12 months on a ONE PAGE summary for each and every loan you have.
Previous grant recipient’s requirements:
Rostered leaders (NC) who have completed financial & counseling requirements and received a grant in Phase One must:
- Complete the Phase 2 application.
- Submit proof of debt payments for the most recent12 months on a ONE PAGE summary for each and every loan you have.
- Submit your Report to the Bishop for the current year.
- Submit an “Evaluation of Impact” form for grants previously received.
Contact John Mocko if you are interested in having a Coach.
Stewardship Grants are available ONLY through your Director for Evangelical Mission or your Stewardship Team.
Congregations in their own synods will work with their Director for Evangelical Mission (DEM) and their Stewardship Team to receive monetary support for participating in one of three stewardship efforts:
- “Stewardship for All Seasons” (SAS)
- “Cultivating Generous Congregations” (CGC)
- “Executive Certificate in Religious Fundraising”
Click here to get to the Stewardship Grant Application
(for DEMs and Stewardship Teams only)
Although there is strong desire among many ELCA congregations to be financially healthy, it is common for congregations to wrestle with financial problems.
- Shrinking attendance in worship
- Decreased giving
- Short tenure of congregational treasurers
- A reluctance to apply business practices to the finances of a church
- Lack of financial knowledge among pastors and many in the congregation resulting in struggles with budgets, resource allocation and sustained growth
Through the ELCA’s Resourceful Servants the “Congregational Certificate Program”, offers your congregation the opportunity to follow a road map to greater financial stability, using healthy behaviors which focus on five key areas: Accounting, Finance, Human Resources, Risk Management and Stewardship.
Each module contains resources related to healthy financial behaviors. Ultimately, by implementing and maintaining a set of financially healthy behaviors, and tracking them through this website, your congregations will receive a certificate, indicating your focus on financial health.
The goal of the program is for your congregation to deepen its financial knowledge and improve its financial behaviors, enabling you to best use the funding available to you.
Click here for more information.