The Church Scholarship Promise (CSP) program allows local churches to develop and leverage unique financial partnerships with Covenant College to benefit students from their congregations.
All church giving to Covenant's annual fund-the Covenant
Fund-benefits students. This fund supports scholarships, student academic and
ministry clubs, the budgets of academic departments, athletic programs, and
other ongoing operational costs. The Covenant
Fund contributes approximately $2,500 per year toward the education of
each Covenant College
student.
Churches give to the Covenant Fund as a means of partnering
with the College to prepare young Christians-through a rigorous and biblically
informed academic and co-curricular program-for lives committed to the person
of Christ, to the truths of His scripture, and to service in His kingdom in a
broad array of callings.
Scholarship Details
Any church that gives to the Covenant Fund at the rate of $10 per communicant member qualifies all students from its congregation who are accepted for admission to Covenant for a $1,000 CSP grant. So long as students maintain satisfactory progress, the grant will be renewed on an annual basis.
How the Program Works
- Churches must make unrestricted gifts at the $10 per communicant member level within the course of a calendar year (i.e., by December 31) to make their students eligible for the CSP benefit in the following academic year. There is no limit on the number of students from a congregation who may receive the CSP benefit.
- A church's giving level is determined by comparing Covenant Fund gifts in a calendar year to the church's membership at the beginning of that same year. For example, the level at which your church qualifies for CSP grants for the 2009-2010 academic year is determined by total Covenant Fund gifts in 2008 divided by church membership at the beginning of 2008.
- Churches that give at the $10 per member level qualify their students for a $1,000 grant. Churches that give at the $20 per member level qualify their students for a $1,500 grant. Churches that give at the $30 per member level qualify their students for a $2,000 grant. Churches that give at the $40 per member level qualify their students for a $2,500 grant.
- Gifts given by individuals directly to Covenant College do not count toward a church's giving total. However, gifts given by individuals through their local church to the Covenant Fund do count toward that church's giving total.
- All children of missionaries (either MTW missionaries or missionaries supported by a PCA congregation) are eligible for the base-level CSP grant of $1,000.
Qualifications
- Students must be a member in good standing of the qualifying church by December 31 of the year upon which eligibility is based.
- Students must meet all financial aid and admissions deadlines.
- Students must be in good academic standing.
- Students who join a church in the Chattanooga area after enrolling at Covenant will have their CSP eligibility based on the Covenant Fund giving of the church of which they were a member before joining a local church. Exceptions are made for students whose families have moved and established residency in the Chattanooga area.


