December 1 of a student's senior year in high school. Applications are available after January 1st and must be submitted by April 1st of student's senior year in high school. Applicant must be a full-time undergraduate who is receiving financial aid based upon need and must be a U. S. citizen or permanent resident. Recipients will repay loan grant when their future financial condition permits. Applicant must be a resident of the geography of the Synod of the Northeast at the time of application.
Preference is given to applicants who are Presbyterian.