A Covenant Today. An Opportunity Tomorrow. A Legacy Forever.

was created with a simple but powerful belief: that education financing works best when it is grounded in trust, personal responsibility, and a shared commitment to one another’s success. When a student accepts a Covenant Scholars Foundation loan, it is more than a financial transaction—the student enters into a covenantal relationship rooted in integrity and the value of keeping one’s word.

is able to offer low rates and better terms because of the demonstrated character and repayment behavior of borrowers who came before. Low default rates among participating universities' alumni make it possible to reduce borrowing costs for today’s students. In other words, today’s students are benefiting directly from the faithfulness and responsibility of earlier borrowers who honored their commitments.

because a student's promise to repay our loan not only is a personal obligation—it is an act that helps sustain the Foundation for future students. Each borrower who meets their commitment strengthens the program, lowers costs for others, and helps expand access to education for those who will follow.  By keeping one's word, our model is preserved: student lending that is not-for-profit, mission‑driven, and built on trust rather than profit motives. Our borrower’s promise to repay your loan is not only a personal obligation—it is an act that helps sustain the Fund for future students.