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criteria

Grant Criteria

Grant requests will be made in written application and submitted to the NCMEF Board. They will review applications and make the final approval of awards.

Criteria for Educational Debt Reduction Grant include the following:

  • Applicant holds credentials by the Missionary Church
  • Applicant has served a minimum number of two consecutive years and is in good standing in the MCNCD (Missionary Church North Central District)
  • Applicant has met continuing education requirements as outlined in the MCNCD Bylaws
  • Church's financial obligations to the MCNCD are up to date
  • Applicant is currently active and participating in the events of the MCNCD
  • Applicant has a full time status, or if less than full time status, the NCMEF Board may pro-rate the grant
  • Applicant must meet with an approved financial counselor and have his recommendation prior to grant money being awarded
  • Applicant must be accountable and provide NCMEF with monthly loan payment information
  • NCMEF will match funds provided by the church or other donors according to our guidelines
  • NCMEF will match funds up to $3,600 per year
  • Grant term is up to four years with an annual re-application required
  • This grant targets individuals whose annual taxable income and housing allowance combined is $55,000 or less.

    • Criteria for Health Insurance Supplement for Retired Pastors include the following:

  • Applicant is currently active and participating in events of the MCNCD
  • Retirees with $25,000 or less of adjusted gross income plus Social Security income for the previous year
  • Applicant is a retired pastor (or widows/widowers of pastors) who have retired from the North Central District with a minimum of five years of active service

    • OR

  • Applicant is a retired pastor who credentials are held in the North Central District and who has a mininum of 10 years of North Central District service regardless of the district from which they retired

    • Criteria for Benevolent Grant include the following:

  • Applicant has met continuing education requirements as outlined in the MCNCD Bylaws
  • Applicant is currently active and participating in events of the MCNCD
  • Applicant's urgency/emergency situations will be reviewed on an individual basis
  • Grant maximum is $3,600