Tuition Assistance Program


Dear Parent/Guardian,

The Archdiocese of Dubuque and Holy Family School System are pleased to announce a new program that provides tuition assistance to qualifying families. The Our Faith, Our Children, Our Future School Tuition Organization (STO) sponsored by the Archdiocese of Dubuque combined with our local assistance programs offer expanded opportunities to help qualifying families afford the Catholic School of their choice.

The Our Faith, Our Children, Our Future STO is available to all families whose adjusted gross 2006 income is at or below 300% of the federally determined poverty rate. The STO currently has over $1.3 million that will be given to families attending Archdiocesan schools during the 2007-2008 school year.

Holy Family School System also has local funding to provide tuition assistance over and above the Archdiocesan program thus providing supplementary tuition assistance than has been previously available. Our local assistance program is open to all qualifying families, not just those who qualify for the Our Faith, Our Children, Our Future STO.

Both the Our Faith, Our Children, Our Future STO and Holy Family School System will be utilizing Private School Aid Services (PSAS) to assist in determining the level of assistance to be awarded. PSAS has developed an application that all families need to complete to be considered for assistance. Your personal information will be held in strictest confidence at all times. If you have a child at more than one Archdiocesan School, you will only need to complete one application form. There is a $20 non-refundable processing fee for the application, payable to PSAS.

The application will be available at the HFS business office beginning January 28, and on line at www.mypsas.org. If you contact the business office we can provide a form to you. In addition to your completed application, you must include a copy of your 2006 federal income tax return or your 2005 federal income tax return with a copy of your 2006 W-2(s). The application needs to be completed on-line or completed on a paper copy and postmarked no later than March 1, 2007.

To assist you in filling out the application PSAS will have a call center available at
1-866-424-6443. The call center is open Monday-Friday from 11:00 am-7:00 pm, and on Saturdays from 8:00 am-noon. You are also welcome to call the business office at the LaSalle center (390-6512) for assistance.

Award notification letters will be mailed on April 22, 2007. The complete timeline with specific information concerning the application is enclosed.

We strongly encourage every family to complete an application. The Our Faith, Our Children, Our Future STO coupled with our local tuition assistance program will be able to help many more families than we have assisted in the past.

If you have questions about the assistance program, call the business office (390-6512). Call the PSAS call center at 1-866-424-6443 with specific questions about the application. This is a wonderful opportunity for qualifying families.

Sincerely,

 

Rick Louk, Principal


Timeline

January 28 - Applications available through the school and on-line at www.mypsas.org.

March 1 - Completed applications must be post-marked or filed electronically.

April 22 - Award notification letters sent to all families who applied.

May 1 - Families receiving assistance send confirmation they are
accepting/declining the assistance back to the school.
School Code - When completing the application, our school/system code is 1143.


Program Information

The Our Faith, Our Children, Our Future STO is funded by numerous generous donors from across the Archdiocese of Dubuque. All donors received an Iowa Tax Credit equal to 65% of their gift, with all donations qualifying for a federal income tax deduction for their 2006 returns. Donors interested in contributing to this program during 2007 can download a donor application at www.arch.k12.ia.us. The goal for 2007 is to raise $2.66 million to be used in the 2008-2009 school year.

Families are eligible for the Our Faith, Our Children, Our Future STO assistance if their adjusted gross income for 2006 is at or below 300% of the poverty level. The poverty level is set by federal guidelines. The level of Our Faith, Our Children, Our Future STO assistance recommended by PSAS will be based upon family income, number of dependants, and the total K-12 tuition bill for the family.
*STO Qualifying Levels 2007-2008
**Family Size ***Maximum Income **Family Size ***Maximum Income
Two $39,600 Five $70,200
Three $49,800 Six $80,400
Four $60,000 Seven $90,600
* STO qualifying levels are based upon 300% of 2006 Federal Poverty Levels as required by Iowa law.
**Family size includes parents/guardians plus total number of dependents claimed on 2006 tax return.
*** Families are eligible for STO assistance if their adjusted gross income is at or below the above listed income
levels. Local assistance is not based upon the above. Falling within these guidelines does not necessarily guarantee tuition assistance.

All families who want to be considered for tuition assistance must fill out the PSAS application.

 

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