Perpetual Education Fund
Sandra's entire family was blessed when she was able to complete her education, thanks to a PEF loan.
What is the Perpetual Education Fund, and what is its purpose?
At the April 2001 general conference, Gordon B. Hinckley, then President of The Church of Jesus Christ of Latter-day Saints, announced a "bold initiative" to help youth in developing areas "step out of the cycle of poverty." The Perpetual Education Fund:
- Is an inspired program to help ambitious, worthy young members of the Church receive training and education that lead to employment.
- Is modeled after the Perpetual Emigration Fund developed for the Church's early pioneers. As loans are repaid, the funds are re-circulated to provide opportunities for others.
- Provides student loans to young people in selected developing nations.
- Helps young people better provide for their families and grow in leadership and responsibility in the Church. It will strengthen individuals, families, and communities.
Other Perpetual Education Fund topics:
- How can I help?
- Who may receive a Perpetual Education Fund loan?
- How do participants get started?
- How may the loans be used?
- What are the loan terms and payment requirements?
- Who manages the individual loans?
- What about administrative costs?
PEF Success Story: Jenny, Philippines
The gift of a PEF loan allowed Jenny to complete her education and help her family with medical expenses. She paid off her loan in full and regularly volunteers at the PEF service center. Full Story
PEF Success Story: Shirley, South Africa
“I feel so indebted to our Heavenly Father. I owe Him my life and more. I would not have come this far in my life without His help.” Full Story