To apply, we ask that you follow these steps.
Your signature on your application will signify that you have read and understood:
1. Eligibility: To be considered, an applicant must:
- Be entering consecrated life in an Institute of Consecrated Life or Society of Apostolic Life. Grants do not cover diocesan priestly formation, Secular Institutes or Private Associations of Lay Faithful.
- Be entering an Institute or Society that does not allow aspirants to carry student debt at the point of their entry.
- Be a citizen of either the United States or Canada or your future religious institute must have some of its formation or apostolate in the United States and/or Canada.
- Be entering a order where at least some of the formators and/or superiors with which we interact to administer a grant are able to speak and read and write English well enough to be understood.
- Have debts payable in US dollars.
- Have reviewed all grant recipient pages including the Prudence and Faith page.
2. Grant Structure and Payout Process:
- Aspirant receives acceptance letter from an approved institute and submits grant application.
- Grant is approved to be paid out in keeping with the aspirant’s monthly payment schedule, rather than by lump sum. This discourages applicants from feeling indebted to an order or to the Fund for Vocations if they discern they are not called to religious life as well as dissuades applications from those who are seeking only to relieve their debt, instead of pursue their vocation.
- Aspirant enters religious life and the Mater Ecclesiae Fund for Vocations begins to pay student debt according to schedule until the aspirant’s final vows (this may include use of a loan deferral for a time). If the aspirant leaves formation, the Fund ceases to pay student loans, and the individual resumes responsibility for them (but does not need to repay any grant payments made up to that point).
- After the grant recipient’s final vows, the grant recipient’s loans are accelerated so that they will be fully paid off on the 5th anniversary of his final vows.
Note: Loans are paid out under the name of the applicant and the MEFV’s agreement to pay is legally enforceable, though loans remain in the name of the grant recipient.