Hold up.
Read the verse agan slowly:
For by grace you have been saved through faith, and that not of yourselves; it is the gift of God, not of works, lest anyone should boast.
For by grace you have been saved through faith, and that not of yourselves; it is the gift of God, not of works, lest anyone should boast.
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Paul isn't saying that faith is a gift.
Paul is saying that being SAVED is the gift.
Notice the semicolon. It indicates that the next portion of the sentence is talking about something else than what was just said.
"Through faith" is just a prepositional phrase. It can be put anywhere in the sentence.
Allow me to demonstrate:
"For by grace through faith you have been saved, and that not of yourselves..."
Being saved is not of ourselves...
"... it is the gift of God, not of works, lest anyone should boast."
No amount of works will save us, and in fact, working would mean a debt is owed. Paul reinforces this in Romans 4:4-5:
Now to him who works, the wages are not counted as grace but as debt. But to him who does not work but believes on Him who justifies the ungodly, his faith is accounted for righteousness, just as David also describes the blessedness of the man to whom God imputes righteousness apart from works:
Now to him who works, the wages are not counted as grace but as debt. David Celebrates the Same Truth - But to him who does not work but believes on Him who justifies the ungodly, his faith is accounted for righteousness, just as David also describes the blessedness of the man to whom God...
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If we work, we have something to boast of, but not before God:
For if Abraham was justified by works, he has something to boast about, but not before God.
For if Abraham was justified by works, he has something to boast about, but not before God.
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The "that" in Ephesians 2:8 is not referring to Faith, but to being saved, because our works are a debt owed, but salvation is a free gift.