History
Originally established nearly 75 years ago by R. Nelson Snider, principal of South Side High School, and later incorporated as the Fort Wayne Educational Foundation, Questa Foundation continues the tradition of providing affordable student loans and generous scholarships to support students in northeast Indiana as they pursue their first associate or bachelor’s degree.
After an intensive strategic review, in 2007 Questa’s board of directors adopted the Questa Scholars Program as the Foundation’s flagship program. The Questa Scholars Program, the only one of its kind in the nation, provides up to $20,000 in college loans, over four years, for qualified high school graduates from Allen, DeKalb, Huntington, Kosciusko and Whitley counties and promises to forgive up to 50 percent of the loan if a student graduates with a 2.75 cumulative GPA and meets certain residency requirements in northeast Indiana for at least five years after college.
Questa Foundation has committed $4 million of its endowment to fund the initial five-year pilot period for the program (2007-2012) and intends to invest $25 million through 2025.