Scholarships
SCHOLARSHIPS
Support for
Your Calling
God calls people to serve in many ways—through churches, ministries, businesses, schools, and communities around the world. If you are pursuing education that will help you live out that calling, scholarship assistance may be available to support your journey.
The Baptist Foundation of South Carolina awards scholarships funded through endowments established by faithful believers who wanted to invest in future generations of Christian leaders. Their legacy continues today by helping students prepare for ministry, leadership, and marketplace missions with greater confidence and support.
Most scholarships are available to qualified students who have attained sophomore status or higher. Review the opportunities below to learn more about eligibility requirements and application details.
KEY DETAILS
Investing Principles
Screened Investments
Your ministry can have confidence in how your funds are invested. Our investments are actively screened to avoid companies that go against Christian principles.
Available Scholarships
Our Services
Screened Investments
Your ministry can have confidence in how your funds are invested. Our investments are actively screened to avoid companies that go against Christian principles. We want to honor and steward what God has given us to the best of our ability.
Kingdom Fund
“The Kingdom of heaven is like a mustard seed…Though it is the smallest of all seeds, yet when it grows, it is the largest of garden plants..” Matthew 13:31-32, NIV
PURPOSE
The Kingdom Fund is designed to produce long-term growth over multiple years and changing market cycles. This strategy desires to outperform annual spending requirements, annual inflation and fees associated with investing, while managing strategic risk. This portfolio invests in stocks, bonds, real assets and alternatives.
WHO SHOULD INVEST
Investors who are tolerant of market volatility. This is an excellent fit for endowed and long-term funds.
🔗Fund Facts & Returns
Notes: Funds are not FDIC insured. Past performance is not a guarantee of future results. Returns are net of money management fees. For your information, the invested funds managed by the Foundation are exempt from registration requirements of the federal securities laws.
Storehouse Fund
“Bring the whole tithe into the storehouse, that there may be food in my house.” Malachi 3:10, NIV
PURPOSE
The Storehouse Fund is designed to produce growth through short-term investing cycles. This strategy desires to outperform traditional money market funds and short-term CDs. This portfolio invests in real assets, bonds and other high-quality fixed instruments.
WHO SHOULD INVEST
Investors focused on short-term income needs and a low tolerance for risk.
🔗Fund Facts & Returns
Notes: Funds are not FDIC insured. Past performance is not a guarantee of future results. Returns are net of money management fees. For your information, the invested funds managed by the Foundation are exempt from registration requirements of the federal securities laws.
Harvest Fund
“They sowed fields and planted vineyards that yielded a fruitful harvest.” Psalm 107:37, NIV
PURPOSE
The Harvest Fund is designed to produce growth of principal while generating income. This diversified portfolio invests in stocks, bonds and high-quality income producing investments.
WHO SHOULD INVEST
Investors who are tolerant of some market volatility. This is an excellent fit for ministry investments focused on future planning.
🔗Fund Facts & Returns
Notes: Funds are not FDIC insured. Past performance is not a guarantee of future results. Returns are net of money management fees. For your information, the invested funds managed by the Foundation are exempt from registration requirements of the federal securities laws.
Money Market
PURPOSE
The Money Market Fund is designed to maintain cash holdings for distributable purposes. The fund is comparable to traditional bank money market funds, the goal of which is safety over income or growth.
WHO SHOULD INVEST
Investors may utilize the money market fund to invest a portion of funds for very short-term cash needs in which there is no margin for volatility. Some investors place a small portion of their total investment in a money market fund to protect that portion from potential volatility.
🔗Fund Facts & Returns
Notes: Funds are not FDIC insured. Past performance is not a guarantee of future results. Returns are net of money management fees. For your information, the invested funds managed by the Foundation are exempt from registration requirements of the federal securities laws.
General Scholarships
General scholarships are small scholarships in which the Foundation matches qualified general applications to scholarship qualifications outlined by the endowment donor. Most scholarships have been designated for students pursuing degrees in ministry-related fields. However, there are some monies available for students pursuing other degrees.
QUALIFICATIONS
Each eligible applicant must:
- be a member of a South Carolina Baptist Convention church for at least nine months prior to the application deadline
- be a full-time undergraduate of at least SOPHOMORE level at a South Carolina institution of higher learning OR be a full-time masters-level or doctoral-level student at a Southern Baptist seminary or South Carolina Baptist institution of higher learning
REQUIRED DOCUMENTATION
- submit evidence of a Grade Point Average equivalent of at least C+ (2.5 or higher on a 4.0 scale)
- submit one letter of recommendation from a pastor, teacher, or employer by the application deadline
Barry B. Edwards Trustee Scholarship
Trustee scholarships are awarded annually from funds contributed by the Foundation’s Board of Trustees. A minimum of three trustee scholarships are awarded annually to students pursuing degrees related to Christian vocations at each of our SCBaptist universities (Anderson, Charleston Southern, and North Greenville).
QUALIFICATIONS
Each eligible applicant must:
- be a full-time undergraduate of at least SOPHOMORE level OR a full-time graduate level/seminary (graduate or doctoral) student in a preparation for ministry program
- be pursuing a full-time Christian vocation as evidenced by their field of study and their written “call to vocational Christian ministry”
- be a member of a South Carolina Baptist Convention church for at least nine months prior to the application deadline
REQUIRED DOCUMENTATION
- submit evidence of a Grade Point Average equivalent to at least C+ (2.5 or higher)
- submit TWO letters of recommendation – one from the applicant’s pastor
- submit current FAFSA or most recent Federal Income Tax Return (please conceal SSNs) of the party (student or parent) responsible for paying tuition
Brenda Whittington Jeffcoat Music Scholarship
Brenda Jeffcoat scholarships are for undergraduate students pursuing degrees in church-related music at one of our SC Baptist universities (Anderson, Charleston Southern, North Greenville).
This scholarship is in memory of Brenda W. Jeffcoat, former Executive Assistant to the Executive Director-Treasurer of the SC Baptist Convention. Brenda was a church pianist and enjoyed using her musical talents in worship.
QUALIFICATIONS
Each eligible applicant must:
- be pursuing a degree in church-related music
- be a full-time undergraduate of at least SOPHOMORE at a South Carolina Baptist institution of higher learning
- be a member of a South Carolina Baptist Convention church for at least nine months prior to the application deadline
REQUIRED DOCUMENTATION
- submit evidence of a Grade Point Average equivalent to at least C+ (2.5 or higher on a 4.0 scale)
- submit TWO letters of recommendation, one of which must be from the pastor of the applicant’s home church or the church in which the applicant is attending or serving
Phillip McMinn Memorial Scholarship
Phillip McMinn Memorial Scholarship was created in the memory of Phil who was a pastor of South Main Street in Greenwood, SC. He served 13 years as pastor of Brookwood Baptist Church in Lawrenceville, GA, and 6 years as pastor of First Baptist Church in Reynolds, GA.
This scholarship is intended for students either pursuing a fulltime Christian vocation or students who are children of active pastors serving in Southern Baptist churches in SC or GA.
QUALIFICATIONS
Each eligible applicant must:
- be pursuing a degree in a Christian vocation OR be the child of an active pastor serving in SC or GA
- be a full-time undergraduate of at least SOPHOMORE at North Greenville University or Anderson University
- be a member of a South Carolina Baptist Convention church for at least nine months prior to the application deadline
REQUIRED DOCUMENTATION
- submit evidence of a Grade Point Average equivalent to at least C+ (2.5 or higher on a 4.0 scale)
- submit TWO letters of recommendation, one of which must be from the pastor of the applicant’s home church or the church in which the applicant is attending or serving
- submit current FASFA or most recent Federal Income Tax Return of the party responsible for paying tuition
Preston & Myrtle Ross Young Scholarship
Young scholarships are for students enrolled in an institution of higher learning in South Carolina, who are active in Baptist Collegiate Ministry. Preference shall be given to students who have served as summer missionaries.
QUALIFICATIONS
Each eligible applicant must:
- be a member of a South Carolina Baptist Convention church for at least nine months prior to the application deadline
- be a full-time undergraduate at an institution of higher learning in South Carolina
- be active in Baptist Collegiate Ministry (BCM)
REQUIRED DOCUMENTATION
- submit evidence of a Grade Point Average equivalent to at least C+ (2.5 or higher on a 4.0 scale)
- submit TWO letters of recommendation, one from the applicant’s Collegiate Minister and one from a ministerial staff member from the applicant’s home church
Beth Acker Seminary Scholarship
Beth Acker scholarships are for female students attending Southern Baptist seminaries.
Priority for scholarship award will be given to students in the following order of preference:
- members of Riverland Hills Baptist Church, Irmo
- members of a church in the Lexington Baptist Association
- members of other Southern Baptist Churches in the State of South Carolina.
A qualified applicant may receive no more than $500 per year from this scholarship fund.
QUALIFICATIONS
Each eligible applicant must:
- be a member of a South Carolina Baptist Convention church for at least nine months prior to the application deadline
- be a female masters-level or doctoral-level student at a Southern Baptist seminary
REQUIRED DOCUMENTATION
- submit evidence of a Grade Point Average equivalent to at least C+ (2.5 or higher on a 4.0 scale)
- submit one letter of recommendation from a pastor, teacher, or employer by the application deadline
Seminary Scholarships
PRIORITY YORK ASSOCIATION
These scholarships are for Southern Baptist seminary students, with priority to students who are living or whose home church is in the York Baptist Association.
QUALIFICATIONS
Each eligible applicant must:
- be a member of a South Carolina Baptist Convention church for at least nine months prior to the application deadline
- be a full-time masters-level or doctoral-level student at a Southern Baptist seminary
REQUIRED DOCUMENTATION
- submit evidence of a Grade Point Average equivalent to at least C+ (2.5 or higher on a 4.0 scale)
- submit one letter of recommendation from a pastor, teacher, or employer by the application deadline
How to Apply
Application
Scholarship applications with ALL required documentation MUST be submitted by the scholarship deadline with no exceptions allowed. Incomplete applications will be returned. The scholarship deadline is April 30th (postmark, fax or email) of each year. If you are emailing your application, ALL documentation must be with the application and be sent in ONE PDF document.
Please note that ONLY legible applications will be accepted. Screen shots or photographed applications will not be accepted. Please print, scan, or “save as” PDFs and make sure all documentation is legible before submitting your application.
Redemptive investments money managers
About Investing
Ministries maintaining investment (agency) accounts may choose to invest totally in one of the individual funds or choose a blend of funds based on individual investment objectives. The investor chooses whether earnings will be reinvested or dispersed directly to them.
The Foundation can assist the church with developing an annual distribution strategy for ministry endowed and cemetery funds.
Endowed and trust funds given to the Foundation to invest for the benefit of a donor’s chosen ministry or ministries are invested as prescribed by the Foundation’s trustees. Endowed funds in which the Foundation has been entrusted to manage are invested in the Kingdom Fund with an annual distribution policy that provides steady annual payments without encroachment on fund corpus (principal).
Funds to be invested are initially placed in the money market fund until the first business day of the month following the date the funds are received. Monies are then allocated according to the investment allocation for the account.
Management fees generated through investment with the Baptist Foundation of SC are some of the lowest around!
let's get started
Looking to help future ministry leaders?
Many of our scholarships exist because faithful individuals chose to invest in future Christian leaders through an endowment, trust, or other planned gift. If you would like to explore creating a scholarship fund, we’d be honored to help you learn about the options available. Contact us to start the conversation.