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Form 3: Financial Assessment and Planning Guide for Nominees

The information on this form is kept in strict confidence. Nominees are asked to provide this information to demonstrate a solid grasp on personal finances.
There are no additional pages on this form, so you can see all of the items included on it by scrolling through it; however, based on your responses to some drop-down menu questions, required follow-up detail questions may be shown.
If you need to take a break while working on this form, your answers will be saved in your local browser storage, never leaving your computer, so that you can continue your progress from where you left off. However, if you switch computers or browsers or you clear your browser history, your progress will be lost.
Upon your completion of this form, it will be sent to your Commission on Ministry Contact for and the diocesan office where it will be added to your file. You will receive a copy of the completed form for your convenience.

Your First Name

Your Email Address

Your Last Name

Who is your Commission on Ministry Contact?

When you select your COM Contact from the dropdown menu to the left, their email address will appear in a text box below their name. Please copy and paste that email address exactly as it appears in the box below so that a copy of your responses can be routed to them.

Number of dependents

Number of incomes in the family

Current Income and Assets

Current Income

Your Salary

Family Salary

Other Income

Total Income

Current Assets

Market Value of Real Estate

Market Value of Auto

Cash Value of Life Insurance

Value of stocks/bonds

Value of trust fund

Value of savings, retirement, rental property

Total Assets

Total Income and Assets

Current Debt and Expenses

Debt

Balance on mortgages

Balance on car loans

Balance on educational loans

Credit Card Balances

Other

Total Debt

Expenses

Average annual household expenses

Other Major Expenses not included above (tuition, taxes, medical, etc.)

Total Expense

Total Debt and Expense

Future Planning

Costs of Theological Education (AFVL, low residence/distance learning, or traditional residential seminary)

Expected Costs per Year (Tution, room and board, travel, moving, etc.)

Current Household Income Available While in Seminary

Financial Resources Available to Pay Education and Living Expenses While in Seminary

Do you expect to apply for scholarships and other assistance?

Do you expect to apply for scholarships and other assistance?

Do you expect to incur debt?

Do you expect to incur debt?
A
B

Expected monthly payments

How will you play for your education and living expenses while you are in school?

After ordination, how will you make those payments, as well as other expenses? Explain.

What stress might these arrangements and expectations cause for your family?

If you'd like to provide additional information, please do so below.

Your signature

Signature
‼️Before you Submit‼️
Please double check that all of the information you have provided is accurate, especially contact information.
This form is built on automations to share and archive information in efficient and effective ways for all persons connected to the COM discernment and ordination processes; however those automations rely on you correctly inputting contact information. Inaccurate information (including as a result of typos!) may delay your process.
Please make sure that you have added a response to all question fields with an asterisk (*), even if that response is "N/A" or "unknown." The form will not submit successfully with empty required fields.
Once you have double-checked your information and press submit, a copy of your responses will be sent to you as well as to the nominee's COM Contact and the diocesan office.