What Is the Take Heart Scholarship?
The Take Heart Scholarship was developed for Y.I. Club members, who are high school seniors and will soon advance to the next level of higher education. During these times of excitement, anxiousness and uncertainty, “take heart!” As Christians, we cannot anticipate that life will be perfect or familiar, but when we feel that the world has become difficult, take comfort in knowing that our God has overcome it all!
As you begin your new journey, LCEF’s Young Investors Club wants to assist your transition by offering financial support through the Take Heart Scholarship with up to three awards of $3,000, $1,000 and $500.
Participants were asked to answer this question:
Reflect on your faith walk during 2020. What steps did you take to stay connected with your church and your faith community at school or outside the church?
The 2021 Take Heart scholarship recipients are…
Terms and Conditions
The recipients of this scholarship award will be notified by Lutheran Church Extension Fund (LCEF). Funds are awarded to be used to defray expenses for tuition, room and board, books, laboratory expenses and/or related educated expenditures.
The award amount will be deposited into the student’s LCEF investment. Any amount awarded will be taxable as ordinary income to the recipient to the extent it is not used for “qualified tuition and related expenses” under Section 117 of the Internal Revenue Code. Some expenses, such as room and board, will not qualify. The recipient should consult with his or her tax advisor regarding what expenses are “qualified tuition and related expenses” and to determine whether any part of the award will be taxable.
Children of Lutheran Church Extension Fund employees are not eligible.
If the recipient misrepresents any information, LCEF reserves the right to revoke the scholarship.
Click here to download the application
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