QUESTA SCHOLARS 2017 PROGRAM APPLICATION BEGINS DECEMBER 1ST
Fort Wayne, IN, November 8, 2017 - Questa Education Foundation is pleased to announce that the Questa Scholars Program application is available earlier than ever in previous years. It will now begin December 1st through March 1st for early applications. In addition, there will be second-wave opportunity from March 15th through May 1st. This is also announced on their website: www.questafoundation.org. For high school graduates who are able to complete their FAFSA and college applications earlier this year, Questa has adjusted accordingly so that scholars with a “gap” in funding who are accepted into the program will now receive a financial commitment earlier as well.
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 eight regional partner schools can also 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.
“We are hearing more and more about the talent gap across Northeast Indiana. Questa is addressing this issue by helping individuals pursue further education. This is about investing in individuals who want to pursue education and currently have a financial gap. It is about transforming the business landscape by helping people prepare for the economy of the 21st Century.” - Marc R. Levy, Executive Director of Questa Education Foundation.
The funding for this program comes from local and regional foundations, businesses and organizations. In addition, Questa Education Foundation utilizes interest from the endowment to expand the numbers and geographic reach. Increased local support is essential for helping people have 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 ###