2006 Rapport: Development Outlook
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Outlook which includes this article from
the Summer 2006 Rapport (PDF, 672 KB,Download
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Betzer Scholarship Initiative
Rev. Dan Betzer is senior pastor of First AG, Ft. Myers,
Florida, and a member of the Executive Presbytery of the
Higher education costs play a major
role in a student’s
decision to pursue graduate
are finding it increasingly difficult to enter full-time
ministry upon graduation due to the burden of repaying
- Graduate students borrow, on average,
$31,700, according to the National Loan Survey.
percentage of monthly income that goes toward student
loan payments has increased 72% since 1997.
- The average
monthly loan payment for graduate school is $273.
significant education debt can inhibit a graduate’s
ability to follow God’s call into missions,
church planting or inner-city ministries.
your help, we can remove these barriers
Dear friend of AGTS,
I have recently learned that AGTS still
has a mortgage debt in the amount of $458,000.
I thought we
had long since liquidated this debt. However, when the AGTS
building was constructed and our Fellowship sent in good offerings
for its completion, we fell just short of the need. As a result,
it costs AGTS $63,000 annually to service the mortgage repayment.
Can AGTS handle this? Yes...but! If the seminary did not have
this debt, it could release that $63,000 into scholarship funds!
This year, the Executive Presbytery placed the repayment
schedule on hold, resulting in a savings to AGTS of $63,331.80.
This amount was used for scholarships, which ultimately assisted
15 additional students! Most of these 15 students could not
have come to AGTS without these funds. With front-line workers
desperately needed in God’s work today, doesn’t
it make more sense to you that, rather than bowing to debt
service of $63,000, we give that amount each year in scholarships?
For every dollar given to retire debt, AGTS is able to
release one dollar to scholarships! That means that in
the next seven years, instead of paying for bricks and
mortar, nearly a half million dollars would be released
to assist students who are preparing for God’s call to
areas such as missions or church planting ministries!
How can you help?
Would you prayerfully consider two things
- Will you join my wife and me in personally giving $1,000
or more for this grand purpose? (You should know that some
of the AG Executive Presbytery and Board of Administration
have already made this commitment.)
- Will you share this great
need with at least five other people in your network of pastors,
friends and business associates?
I believe this is an eternal
matter—an investment of
gold, silver and precious stones of 1 Corinthians 3!
Would you please contact AGTS right now (417-268-1012)? Together,
by the grace of God, you and I can help win this incredible
victory for the Kingdom! Let’s do it for Jesus’ sake!
First Assembly of God, Ft. Myers, Fla.
Friday, July 21, 2006 12:37 PM