In an effort to assist students and their families with the cost of college, GBC provides institutional scholarships to qualified students.
The Grace Scholars Fund includes the following scholarships:
The President’s Scholarship
GBC Honors Scholarship
Charles F. Baker Outreach Scholarship
GBC Music Scholarships
Christian Worker’s Scholarship
In addition, Grace has a number of named scholarships available for qualified students.
Helping Tomorrow’s Students Through Bequests
When a friend of Grace Bible College remembers the college in his or her will, the donor provides financial resources of lasting value to Grace students.
A bequest may be unrestricted – that is used for a general purpose – or designated for a particular use. Bequest may take one of several forms:
A specific amount of cash or a specific asset
A percentage of one’s net estate (for example, 20% of one’s estate after expenses and taxes are paid)
A residual bequest (for example, whatever remains after family members of friends are cared for through specific amounts)
A trust (for example, setting up a Charitable Remainder Trust that will pay out to beneficiaries for a period of time with the remainder to GBC)
If you do not have a will or living trust arrangement, it is very important to contact an attorney to establish an estate plan. If you have a plan in place, it should be reviewed regularly in order to account for any life changes (births, deaths, etc.). Also, as stewardship desires change, your trust document should be modified.
Many individuals choose to give to GBC without designating how their gift will be used. These individuals give monthly, quarterly or in some cases one time per year. Your partnership in this regular giving benefits the College through steady income allowing us to maintain the ministry of Grace Bible College.