KOSCIUSKO — Questa Education Foundation announces the second phase of K-21 funds to help financially support Kosciusko County graduating high school seniors who will be majoring in Health Care related fields. This annual funding is available for up to 5 qualified students that are residents of Kosciusko County and plan to attend an Indiana college or university beginning fall 2018. 

The second phase will begin March 15 and applicants can submit their application online at Questafoundation.org. The deadline for submission is May 1.

The K21-Questa scholars are eligible for funding that helps address a financial gap in their pursuit of further education. If chosen, a Questa scholar can have access to up to 5,000 dollars a year for four years resulting in up to a total of a $20,000 loan. The interest is a fixed low interest rate not due until after the scholar graduates and can be deferred if they go on for graduate work. 

Upon graduation, if the student lives and works in northeast Indiana for 5 years, half of the loan is forgiven. Additional incentives are provided for those who choose to attend one of the regional partner institutions in the northeast region. If the scholar attends and graduates from one of the partner institutions, an additional 25 percent is forgiven for a total of 75 percent forgiveness. This means that a student can reduce what is owed to $5,000. 

Individuals interested in being considered for these funds can find additional information and apply by going directly to www.questafoundation.org or by calling Questa Education Foundation at (260) 407-6494. Applications will be accepted until May 1.