Wednesday, August 17, 2011

AG Trust Scholarship Information from General Council

Deadline approaching for AG Next Generation Fund Scholarships
September 15 is the deadline for application filing. If you graduated from an Assemblies of God (AG) college, university or seminary no earlier than May 2007 and no later than June 2010 and need assistance with sizeable school debts in order to enter ministry more quickly, you can apply now for an AG Next Generation Fund grant.

The Assemblies of God Trust and the Alliance for AG Higher Education, located at Assemblies of God Headquarters in Springfield, Mo., are working together to provide this crucial financial assistance for as many qualifying AG college alumni as possible.

The application for AG Next Generation Fund grants is posted online at www.agtrust.org. All applicants must submit their completed application forms electronically or by mail no later than September 15, 2011.

Grants are awarded on a case-by-case basis, vary in amount, and are only available to graduates who agree to provide at least five years of full-time service in ministry.

This is the third year the AGTrust has offered the grants with 45 grants awarded over the past two years. Among the recipients were Steve and Rachel Campbell, now missionaries-in-training assigned to a sensitive country. Their grant enabled them to enter full-time missionary service much quicker than they thought possible.

“We are extremely grateful to AGTrust that the 45 AG Next Generation recipients have received grants and will continue to receive assistance with their college loans, while even more funding will be made available to help a new list of AG college graduates this year,” says Dr. Bob Cook, Alliance for AG Higher Education president. “This endeavor sends a strong message to our Fellowship regarding our commitment to invest in the next generation.”

AG Next Generation Fund grants are disbursed in the form of monthly payments to school debt loan holders on behalf of the grant recipient.

“We are making the choice to do everything we can to make sure our Fellowship is strong and healthy for future generations,” says Dr. George O. Wood, Assemblies of God general superintendent. “It is our choice. But it is their future.”

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