School Tuition Organization

The Our Faith, Our Children, Our Future School Tuition Organization (STO) and St. Matthew School are pleased to once again provide tuition assistance to qualifying families. This program, supported by over 1000 donors, provides expanded opportunities to help qualifying families afford the Catholic School of their choice. Tuition assistance through the STO is available to Iowa residents whose 2016 adjusted gross income is at or below 300% of the federally determined poverty rate. STO funds are only available for K-12th grade students.  Early childhood or preschool fees or tuition are not eligible.

The STO program will be utilizing FACTS Management in Lincoln, NE to assist in determining the level of assistance to be awarded. FACTS Management has 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. If divorced parents each pay a portion of the tuition bill, then each household needs to complete an application for a possible award towards their portion of tuition. There is a $26.00 non-refundable processing fee for the online application payable to FACTS.

The FACTS application needs to be completed no later than March 31, 2017The application is available online at online.factsmgt.com/aid in both English and Spanish.  In addition to your completed application, you must include a copy of current wage and tax information.  See the attached “Grant & Aid Assessment” flyer from FACTS for specific requirements. Tax and wage documents can be scanned, faxed, or sent via U.S. mail postmarked by March 31st.  We urge you to complete the materials early to allow time for notification of any missing/incomplete materials.

To assist you in completing the application, the FACTS call center is open Monday through Friday from 7:30 am-9:00 pm at 1-866-441-4637. The FACTS online application also has a chat feature to assist parents available Monday-Friday from 8:00 am-5:00 pm.

At St. Matthew School we are happy to assist you with the application process.  A brief video about how to begin the application process can be found at stmatthewcr.org If you do not have Internet access to complete this application online, please call Mr. Wolf at 362-3021 at the school for assistance.  If the processing fee is cost prohibitive for your family, please contact me.

St. Matthew School also has local funding to provide tuition assistance over and above the STO program thus providing supplementary tuition assistance.  Our local assistance program is open to St. Matthew parishioners, not just those eligible for the STOTo qualify for local assistance families must first submit a FACTS application and then complete a request for local assistance.

Award notification letters will be mailed on or before May 15, 2017. A summary timeline with specific information concerning the application deadline is found below.

We strongly encourage interested parents to complete an application. The Our Faith, Our Children, Our Future STO coupled with our local tuition assistance program will be able to make Catholic Education affordable for all.

If you have questions about the assistance program, contact the school at 362-3021 or jwolf@stmatthewcr.org. Contact the FACTS call center at 1-866-441-4637 with specific questions about the application. This is a wonderful opportunity for qualifying families.

Sincerely,

Mr. Wolf

 

 

 

Summary Timeline

January 1       Applications available on-line at online.factsmgt.com/aid.

March 31        Completed applications must be submitted with all required tax materials scanned, faxed or postmarked by this date. Applications with missing information cannot be processed.

May 15           Award notification letters sent to all families who applied.

June 5             Families receiving assistance send confirmation they are accepting/declining the assistance back to the school.

*Note applications that are incomplete on March 31st or new applications after that date will be considered for later STO rounds, pending available funding.  Amounts of any available later awards can be considerably smaller.

 

 

 

STO Qualifying Levels

The new federal poverty rates are expected in late January and will be advertised as soon as they are available.  Last year an Iowa family of four with an adjusted gross income at or below $72,900 could qualify for assistance.