Requirements (all)

• You are a senior pastor or an associate pastor of a Church of the Nazarene in the United States or Canada.
• You agree to engage in and complete the year-long COMPASS Journey.
• You allow the COMPASS Initiative to contact your district superintendent for his/her recommendation.

Qualifications (at least 4)

• You have a “debt ratio” of 20% or higher (debt ratio = total monthly debt payments, divided by gross monthly household income, times 100).
• You have more than $5,000 USD in educational debt remaining.
• You have more than $10,000 USD in combined consumer, medical, or student debt remaining (including spouse’s debts but not including mortgages).
• You have not signed up for a US Nazarene Fidelity 403(b) account or a Canadian Registered Retirement Savings Plan.
• You have not contributed to a US Nazarene Fidelity 403(b) account or a Canadian Registered Retirement Savings Plan for past three years or more.
• You live in a parsonage or rental and have no other housing investments.
• You have less than 3% of annual household income in non-retirement savings (an emergency fund).
• You have delayed medical treatment for yourself, spouse or child due to financial stress (dentist, doctor, medical procedure, medication, preventative treatment, etc.).
• You do not have medical insurance coverage. (Christian Healthcare Ministries such as Samaritan Ministries or Medishare that share expenses is not considered medical insurance.)
• You owe more than $10,000 USD on “family participation” student loans for a child or children.

You may submit an application if all of the requirements and at least four of the qualifications are true for you.