Unknown.png
gofund_color.jpg
 

Christar + The GO Fund

Through the Student Debt Repayment Program, The GO Fund pays the monthly student debt payments of accepted candidates while they are serving long-term among the unreached. We begin to make monthly payments once our partners are actually working in their cross-cultural destination. Our target is to make the final payment toward the student debt of our partners at the end of the tenth year of service. Through our preferred partnership with Christar, students are pre-approved for The GO Fund's Student Debt Repayment Program, assuming they fulfill the requirements listed below.


Partnership Requirements

  1. Approved by Christar to be sent.
  2. Move to your cross-cultural destination within 24 months of application with Christar.

MINIMUM REQUIREMENTS

  1. Growing in love for and obedience to Jesus Christ
  2. Obediently making disciples of Jesus Christ
  3. Active in service and commitment to a local church body
  4. Track record of growth in wisdom-filled financial stewardship
  5. Place of service will be among an unreached people group outside of the United States
  6. Length of service will be long-term, or until the specific task is finished
  7. Supported and sent by a qualified sending agency or church

DISQUALIFYING CIRCUMSTANCES

  1. You will not be directly involved in church-planting or discipleship work (i.e. support personnel)
  2. Your household student debt exceeds $100,000
  3. Your household student debt is less than $20,000
  4. None of your student loans are in your name(s) (i.e. parent PLUS loans NOT in your name)
  5. You are not a citizen of the United States
  6. You have not completed at least your Bachelor’s degree

TAX IMPLICATIONS

Please note that under current IRS tax laws, payments we make toward student loans are considered taxable income. We will issue a 1099 form for each year in which the total payments toward student loans exceed $600.


APPLICATION INSTRUCTIONS

Thank you for your interest in our Student Debt Repayment Program. If married, both husband and wife are required to fill out separate applications. The $50 application fee is waived through the preferred partnership with Christar. As you complete the application, we encourage you to save your answers in a separate document to ensure that you do not lose your work. If you have any questions, please email our Program Director, Matthew Sonke.