NASHVILLE, Tenn. — Many applicants for a loan or scholarship from the United Methodist Church had to be turned away this year due to a lack of funds, according to a denomination executive.
More than $8.4 million was awarded to 5,500 students in 2001 through the United Methodist loan fund and scholarship program. That figure will drop considerably in the immediate future due to a major reduction of reserve funds and the volatility of the financial markets, said Angella Current-Felder, top executive with the denomination’s Office of Loans and Scholarships.
The report was made at a dinner for scholarship recipients sponsored by the Office of Loans and Scholarships during the Board of Higher Education and Ministry’s annual directors meeting, held Oct. 16-19 in Nashville.
During the past three years, an average of 1,100 students received loans annually through the United Methodist Student Day Offering.
"We project that unless the United Methodist Student Day Offering increases, this number will drop to an average of 760 student loans per year," Current-Felder said.
Current-Felder is encouraging United Methodist congregations to challenge the odds by increasing their collective giving through the Student Day Offering, "so that by the end of the quadrennium, we would have achieved the goal of $1 million a year."
She also reported that in 2001, congregational support of United Methodist Student Day exceeded average giving, and annual conferences received more in rebated funds than ever before. The Gift of Hope Scholars Program has provided scholarships for more than 4,000 students during the past four years.
"A scholarship is a protest against ignorance," said the Rev. Jerome King Del Pino, top executive with the board.
"The support I receive, financially and spiritually, gives me a renewed sense of commitment because I know people believe in me," said Jamie North, a Meharry Medical College student who was the keynote speaker at the dinner. United Methodist-related Meharry is in Nashville.
Other scholarship recipients at the dinner were April J. Albin, Belmont University; Alliciah Bell, Middle Tennessee State University; Robert Cox, Vanderbilt University; Laura Forrester, MTSU; Jeffrey Gibbs and Russell Hale, both attending Martin Methodist College; Danielle Hayes, Tennessee State University; Royya James, MTSU; and Sarah Sewell and Bethany Thomas, both attending Belmont University.
By Pamela Crosby
-
Michael Tait accused of sexual misconduct and drug use, allegations span two decades
Michael Tait, longtime Christian Contemporary Music (CCM) artist and frontman of the iconic groups DC Talk and Newsboys, has been accused of sexual misconduct, grooming, and illegal drug use in allegations that span over 20 years.
-
Michael Tait faces new allegations of sexual assault, drugging, and abuse — Two victims were minors
Michael Tait, longtime frontman of Christian bands DC Talk and Newsboys, is facing mounting accusations of sexual assault, drug use, and abuse — with a growing list of alleged victims, including two who were minors at the time of the incidents.
-
World’s highest IQ holder declares christian faith: “Jesus Christ Is God”
Dr. YoungHoon Kim, recognized as the person with the world’s highest recorded IQ, has publicly declared his Christian faith, stating that “Jesus Christ is God.” His statement, made on his official X (formerly Twitter) account, has gained global attention for its direct affirmation of belief from one of the world’s most prominent intellects.
-
Worship leader Sean Feucht accused of financial, spiritual, and moral misconduct
Sean Feucht, a prominent evangelical worship leader and political activist, is facing a wave of serious accusations involving financial mismanagement, spiritual abuse, and moral misconduct. The claims, raised by former staff members, have surfaced through a recently launched website dedicated to collecting testimonies from those who worked closely with him.
-
Bear Rinehart responds to brother Bo’s abuse allegations: “Our story is more complicated than that”
Bear Rinehart, lead singer of the American rock band NEEDTOBREATHE, has publicly responded to serious allegations made by his younger brother and former bandmate, Bo Rinehart. In a recent Instagram post, Bo accused Bear of subjecting him to sexual, physical, and emotional abuse during their childhood.