Fort Wayne, IN, March 14, 2016 - Questa Education Foundation is pleased to announce a partnership with local donors that will provide additional funding for up to three graduating seniors from Adams County. Applications are being accepted on the website www.questafoundation.org through May 1.
Questa Education Foundation offers low-interest forgivable loans for students pursuing a certificate, associate, or bachelor degree from an Indiana college or university. The program offers a unique way for a student to fund the financial “gap” in the cost of attendance. Questa Education Foundation will forgive 50% of the scholars loan balance when the scholar lives and works in northeast Indiana for five years after graduation. Students who choose to attend and graduate from one of Questa’s nine regional partner schools will receive an additional 25% forgiveness at graduation. The Questa Scholars Program allows a student to borrow up to $20,000 and when meeting the qualifying criteria receive the maximum 75% forgiveness, making the remaining balance only $5,000 for the scholar to repay. The forgiveness feature combined with the low fixed interest rate after graduation makes the program an unbeatable loan option for students and families.
“The funds available are in investment that opens the door for further education for individuals wanting to pursue further education. In addition, this also is an important part of economic development. Education opportunities prepares the local workforce for the economy of the 21st century; education is the gateway for a better life.” - Marc R. Levy, Executive Director of Questa Education Foundation.
Questa Education Foundation utilizes interest from the endowment to expand the numbers and geographic reach. Local support is essential for helping increase the access to continued education and preparation for employment in our communities. Questa Education Foundation is a local non-profit serving Northeast Indiana and is dedicated to increasing access to education beyond high school, reduced debt and retention of talent. For more information on Questa Education Foundation programs and completing the application visit the website at www.questafoundation.org or call us at 260-407-6494.