Brain Gain Grant
Questa Foundation invites applications for its annual Brain Gain Program begining October 1 each year. Questa’s Brain Gain Program assists college graduates in selected fields with repayment of their educational loans in an effort to encourage less debt and greater financial freedom for employees in Allen County.
For consideration, applicants must:
Already have completed a bachelor’s and/or graduate degree in engineering, engineering technologies, or computer engineering;
Currently be employed for at least a year in Allen County, Indiana in one of these fields: advanced manufacturing, computer information technology, or biomedical/biotechnology;
Have received a federal student loan or other loan approved by the Questa Loan Review Committee with outstanding school loan debt.
The loan repayment grant will be applied toward recipients’ college loan debt and will be made in four annual payments of $2,500, up to a maximum of $10,000. To qualify for each $2,500 annual payment, recipients must meet annual employment requirements in designated fields in Allen County.
To apply for a Brain Gain Grant, please submit the following information to Questa Foundation for Education at P.O. Box 5224, Fort Wayne, IN 46895 before October 30 each year:
Official copy(s) of your college or university transcript(s);
Lender’s current statement of your educational loan account number, account balance and lender’s contact information regarding payments;
Letter of recommendation from your employer that includes your current position, dates of employment, verification of work in one of the designated eligible fields, and why you should receive this grant;
Listing of community and/or extra-curricular activities in which you have participated within the past two years; and
Personal one-page (only) letter of application stating your academic major, current and future career goals and indicating why you should receive this award.
Application deadline is October 31. Awards will be announced by November 30. Please direct questions about Questa Foundation’s Brain Gain Program to info@questafoundation.org or to 260.407.6494.
During fiscal year 2009, Questa Foundation provided $32,500.00 in Brain Gain grants to thirteen (13) recipients. Grants are awarded through a competitive selection process.