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.
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, as follows. To qualify for a grant for the 2020-2021 academic year, your income must not exceed $122,400 (two times the 2021 congregational ministers' median effective salary of $61,200).
|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).