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Celebrating 10 Years

Fund for Leaders

 

ELCA Fund for Leaders 
Ten years ago, the ELCA Fund for Leaders made its first scholarship distribution to eight students totaling $51,000. This fall, 187 students will benefit from more than $1,000,000. Celebrate this milestone in the life of this church by making a gift today to continue to support our seminary students.

In this last decade we have:

  • distributed almost $6 million in scholarship
  • grown the ELCA Fund for Leaders endowment to $20 million
  • provided more than 1,000 scholarships, significantly reducing the debt load of these students
  • helped students be open to accepting God’s call where they are needed most

But there is still work to be done. Please give a gift today to help support our seminary students.

Quick facts on seminary student debt:

  • 70% of new church leaders graduate with education debt
  • seminary debt averages $46,000 (up from $40,000 in 2006)
  • some students leave seminary with nearly $100,000 in debt
  • candidacy committees have determined that any debt over $25,000 is cause for concern

A high debt burden can limit a new pastor’s freedom to go wherever God is calling them to serve.  The ELCA Fund for Leaders is making a difference and you can too with a gift today.  Students who received our assistance report 15 percent less debt—below the $25,000 line, in most cases.

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