The Spearman Ministerial Student Aid Fund
The Spearman Ministerial Student Aid Fundexists to provide loan/grants for those students pursuing ordained ministry within the Central Canada District of The Wesleyan Church of Canada and its mission fields.
The fund consists of donations made in memory of Rev. Dr. J.S.A. Spearman, former Superintendent of the Central Canada District, and money made available through the Brockville Bible College, operated by The Standard Church of America until merger with The Wesleyan Church in 2004. Donations are still accepted to increase the principal deposit of the fund.
Loan/grants are awarded at the September District Board of Administration (DBA) meeting each calendar year from the interest accrued over the previous conference year.
- Licensed Ministerial Students, Licensed Ministers and Ordained Ministers of The Central Canada District of The Wesleyan Church of Canada, who are in their second or subsequent year of full-time ministerial studies at a Wesleyan College/University or approved seminary.
- Licensed Ministers and Ordained Ministers of The Central Canada District of The Wesleyan Church, who are in their second or subsequent year of part-time ministerial studies at a WesleyanCollege/University or approved seminary.
- Pastors of the Ghana, Egypt, and Mexico Wesleyan/Standard churches who are pursuing ministerial studies under the guidance of their superintendent.
- Full-time ministerial studies at a Wesleyan College/University or approved seminary: Up to $1,000 per year to a maximum of $5,000 per student.
- Part-time ministerial studies at a Wesleyan College/University of approved seminary: Up to $500 per year to a maximum of $2,000 per student.
- Those pursuing ministerial studies on the mission field: Up to $750 per year to a maximum of $5,000 per student.
- Applicants will submit the completed application form to the District Educational Secretary or the District Superintendent no later than August 15th of each year. Application forms can be downloaded from the Central Canada District website or requested from the Central Canada District Office.
- In the initial year of application, applicants will submit a one-page testimony of their conversion and call to ministry.
- In the initial year of application, applicants will submit two letters of reference with their application: One from their pastor testifying to their spiritual maturity and ministerial giftedness; the second from a teacher or employer testifying to their personal integrity and moral character.
- In subsequent years of application, applicants will submit a brief summary of their progress since their previous application and proof that they are maintaining a ‘C’ or better average in their studies.
What if the Qualifying Applications exceed the amount of funds available?
- Effort will be made to make up the short-fall from other funds.
- If necessary, priority consideration will be made based on need, industry, spiritual life, and amounts awarded in previous years.
Are the Loan/Grants to be repaid?
- Loan/grants are forgiven on the basis of one annual loan/grant forgiven per ensuing year of full-time ministerial service within the Central Canada District of The Wesleyan Church of Canada or its mission fields. A year of service cannot be credited in the same year as a loan/grant is received.
- Following graduation, should a student not accept, or continue, a full-time ministerial appointment, as described above, the outstanding balance of his/her loan/grant(s) shall become due and must be repaid within twelve months. The DBA shall have the authority to offer grace/leniency in extenuating circumstances.
- The Chief Financial Officer shall keep track of all loan/grant forgiveness and repayment tracks and report on the same annually to the DBA at the September meeting.