Christ is Our Salvation Foundation Makes Large Grant to Northern benefiting Women and Persons of Color
Northern Seminary is pleased to announce receipt of a challenge grant of $750,000 from The Christ is Our Salvation Foundation (C.I.O.S.). This matching gift will provide a new Financial Aid program to reduce dependence on federal financial aid for women and persons of color. This will also be used to establish the Paul and Shirley Piper Chair of Urban Missions and Evangelism at Northern Seminary with the intent of hiring a professor to fill that role in the near future.
As Northern Seminary’s President Bill Shiell notes,
“One of my first priorities as President has been to provide access to financial aid for our under-served students. Even though Northern provides generous financial support to these individuals, many of our students of color and women do not have access to home church support that other students do. I’m grateful that CIOS is willing to partner with us to help these students reduce their indebtedness to the federal loan program.”
Over the next five years, Northern will provide interest-free loans to entering students and challenge alumni and friends to match this $300,000 grant. As students repay their loans, these resources will be loaned to even more students in the future.
CIOS has also awarded Northern a matching grant of $450,000 over the next three years to establish the Paul and Shirley Piper Chair of Urban Missions and Evangelism. This faculty appointment will help establish a Master of Arts in Urban Ministry and reach cities for Jesus. Like the financial aid portion, this too is a challenge grant to multiply these resources.
President Shiell said,
“The Piper Chair of Urban Missions and Evangelism will enhance our commitment to the South Side and West Side of Chicago. Through our extension campus in North Lawndale, we are already training leaders that are impacting lives for Jesus. This endowed chair will allow us to expand our reach on the West Side and in the South Side of Chicago. Our students and alumni are engaged in transformational ministry throughout these neighborhoods, and our training will help them seek the peace of the city where God has called them to minister.”
The new financial aid program helps fulfill Northern’s goals of the “Partnering for Kingdom Impact” funded by the Lilly Endowment. In 2013, Northern partnered with Lilly to study and identify new models of funding theological education and providing student financial aid and mentoring. Northern has already designed and piloted effective faith and finance curriculum, counseled students to manage personal finances, and helped students cope with financial stress. The C.I.O.S. program takes yet another step to provide a sustainable financial plan for students.
If you would like to learn more about this exciting gift opportunity you can contact Northern’s Vice President of Advancement, Dave Krause at firstname.lastname@example.org or his cell at 920-379-2935.
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For news media seeking comments from President Shiell or other seminary faculty or staff, please contact our communications team.
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