Company of 1000 
Study Reserve Fund

The Study Reserve Fund supports the training of pastors for the congregations of Mennonite Church Canada.
 
Money from the fund is used to reduce the personal cost of preparation for ministry and to encourage pastors and pastoral candidates to attend preferred schools through the granting of forgivable loans and tuition grants.
 
Funding for the Study Reserve Fund comes from a group of annual contributors known as “The Company of 1000.”
 
The Fund is administered by Mennonite Church Canada in consultation with the Church Leadership Ministers.
 

The Study Reserve Fund financially backed by Company of 1000 donors offers two things:

  • Forgivable loans for pastors pursuing studies through a sabbatical leave or persons open to a call for pastoral ministry who want to prepare for pastoral training.

  • Working Pastors Tuition Scholarship for pastors taking classes while they minister. Pastors submit their tuition receipts and receive a grant that covers 50 per cent of their tuition fees.

Company of 1000 needs donors who want to invest in the training of leaders within Mennonite Church Canada and pastors who need help funding their training. Choose your potential role to find out more...

Investor                     Student

 

Applications are due May 15 for the Fall (September) semester and October 15 for the Winter (January) semester. These are the official deadlines but applications are accepted up until a month before each semester begins.

Study fund guidelines

Participating schools and programs include:

  • Anabaptist Mennonite Biblical Seminary
  • Canadian Mennonite University Graduate School of Theology and Ministry
  • Conrad Grebel University College (MTS program)
  • other Mennonite seminaries
  • Canadian Mennonite undergraduate colleges
  • Educational opportunities sponsored by Mennonite institutions.

In special circumstances non-Mennonite schools will be considered. This may include cases such as:

  • students who need to attend schools with special programmes for a particular language or ethnic group
  • students with a strong background of study in Mennonite schools who would benefit from ecumenical experience
  • students pursuing degrees (e.g., doctorate) which are not available in a Mennonite school
  • specialized programmes not available elsewhere.

Forgiveable loans

Receive a forgiveable loan to pursuing studies through a sabbatical leave or persons open to a call for pastoral ministry who want to prepare for pastoral training.

Application form

 

Tuition grants for pastors

Pastors who take classes while ministering to congregations can submit their tuition receipts and receive a grant covering 50 per cent of their tuition fees.

Application form

"The Company of 1000 has been a helpful financial resource for the last four years to sustain my life as an international student and a self-supporting minister. 

This forgivable loan means the accountability of the Mennonite community for my ministry and study. As a Korean migrant Mennonite, I have been doing a relatively new kind of ministry and theology from a traditional Mennonite perspective. The direct financial support for me encourages me to do such innovative and courageous forms of Mennonite theology and ministry. I appreciate the support of the Mennonite community through the Company of 1000."

Hyejung Jessie Yum PhD candidate, Toronto School of Theology, Licensed pastor for Mennonite Church Eastern Canada

"I don’t know that I would be able to prioritize graduate-level seminary education if it weren’t for Company of 1000. Through this fund, in partnership with the generous support of my own church, I am able to see a path to completing my graduate degree where I wasn’t able to see that without this kind of bursary.   

Ministry education is never simply about individual educational advancement. The Company of 1000 fund gives credence to the truth that it takes a village to raise a pastor.  Thank you to each donor for their generosity and support!"

Kevin Koop Pastor of Carrot River Mennonite Church

Company of 1000
Your generosity helps train pastors and promotes their further education.
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Company of 1000 fund seeks to equip pastors through forgivable loans and tuition grants
Mar 31st, 2021

Company of 1000 fund seeks to equip pastors through forgivable loans and tuition grants

Mennonite Church Canada is renewing its call for applicants to the Company of 1000 Study Reserve fund and also for people to become regular donors to the fund.

Read more