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    Perpetual Education Fund

    Perpetual Education Fund

    http://www.lds.org/pef

    http://www.lds.org/ldsfoundation/pef/welcome/0,7133,3403-1-0,00.html

    The Perpetual Education Fund (PEF) was established in 2001 to help young men and women get a good education and become self-reliant after serving a mission for the Church.

    • The program is funded through contributions of Church members and friends.  It is a revolving resource in which money is loaned to an individual to help pay for advanced education or training. When a student has graduated and is working, he or she then pays back the loan to the fund at a low interest rate.
    • The PEF currently helps participants between the ages of 18 and 30 in 31 countries.
    • The program is patterned after the Perpetual Emigration Fund, which helped more than 30,000 early Church members journey to the Salt Lake Valley from Europe in the mid to late 1800s.
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