Marc R. Levy, Executive Director
Questa Foundation for Education
Fort Wayne, IN, February 8, 2016 - Questa Education Foundation is pleased to announce the Questa Scholars Program application is available on their website from March 1st – May 1st.
Questa Education Foundation offers low-interest forgivable loans for students pursuing a certificate, associate, or bachelor degree from an Indiana college or university. The program offers a unique way for a student to fund the financial “gap” in the cost of attendance. Questa Education Foundation will forgive 50% of the scholars loan balance when the scholar lives and works in northeast Indiana for five years after graduation. Students who choose to attend and graduate from one of Questa’s nine regional partner schools will receive an additional 25% forgiveness at graduation. The Questa Scholars Program allows a student to borrow up to $20,000 and when meeting the qualifying criteria receive the maximum 75% forgiveness, making the remaining balance only $5,000 for the scholar to repay. The forgiveness feature combined with the low fixed interest rate after graduation makes the program an unbeatable loan option for students and families.
“This is about investing in individuals who want to pursue further education and currently have a financial gap. It is about transforming the business landscape by helping people prepare for the economy of the 21st Century.” - Marc R. Levy, Executive Director of Questa Education Foundation.
The funding for this program comes from local and regional foundations, businesses and organizations. In addition, Questa Education Foundation utilizes interest from the endowment to expand the numbers and geographic reach. Local support is essential for helping increase the access to continued education and preparation for employment in our communities. Questa Education Foundation is a local non-profit serving Northeast Indiana and is dedicated to increasing access to education beyond high school, reduced debt and retention of talent. For more information on Questa Education Foundation programs and completing the application visit the website at www.questafoundation.org or call us at 260-407-6494.