Tuition Assistance and Financial Aid Principal Board of Directors - - PowerPoint PPT Presentation

Tuition Assistance and Financial Aid

Immaculate Conception Catholic Academy in Astoria

Principal Eileen Harnischfeger

Board of Directors

• Bro Joseph Rocco
• Diane Pisido
• Kevin Johnson
• Angelica Martinez
• Andrew Hopkins
• Gary Miret
• Patricia Mulé
• Dennis Pope
• Ann Smith
• Rita Sultana

Updated Mar 26, 2020

3/26/2020

Agenda

• What Is Tuition Assistance?
• Who Is Eligible?
• When Is the Adjusted Application Deadline?
• Academy Registration
• How Do I Apply?
• Final Steps
• Assistance
• NEW! Financial Aid
• Action Items!

3/26/2020

What Is Tuition Assistance?

• Tuition Assistance is provided through Futures

In Education (FIE), a diocesan office

• Award decisions are based on financial need,

not academic merit, and are made by FIE

• Tuition Assistance is awarded up to $3,200
• Families must pay a minimum of 25% of tuition

and remain current in their tuition payments

• Tuition Assistance recipients are expected to

have good attendance and behavior, and to do their best academically

3/26/2020

Who Is Eligible?

• Families with one or more students in K-8 who

demonstrate financial need based on:

–Total 2019 income –Household size (adults + children) –Submission Date of Application & Documents

• Nursery (Pre-3) students are not eligible
• UPK (Pre-K) is funded by the NYC Department of

Education – No Assistance needed

3/26/2020

Who Is Eligible?

Maximum Income Based on Total Annual 2019 Income

Household Size* Maximum Eligible Income 2 $67,640 3 $85,320 4 $103,000 5 $120,680 6 $138,360 7 $156,140 8 $173,720

*Household Size = Adults + Children

3/26/2020

When Is the Adjusted Application Deadline?

• All families, whether they receive an award this

year, or they are applying for the first time, must apply by May 31*

– Families must apply each year, including families who receive an award this year

–*Deadline adjusted due to COVID-19

• All families should apply as soon as possible,

before funding is exhausted

3/26/2020

Academy Registration

• Students must be registered at ICCA for 2020-

2021 before families Submit their application

3/26/2020

How Do I Apply? (TJF/CSF)

• If your child receives a Teddy J. Forstmann /

Children’s Scholarship Fund award this year, the Children’s Scholarship Fund (CSF) will email you directly with application instructions for your 2020-2021 Teddy J. Forstmann award

– Teddy J. Forstmann applications opened in February

3/26/2020

How Do I Apply?

• Go to futuresineducation.org
• Click “Apply for Scholarships”

3/26/2020

How Do I Apply?

• Click “required supporting documentation” (in

“Step 2”) and review documents

3/26/2020

How Do I Apply?

• Gather the documents that apply to you (find the

complete list online); they may include:

– 2019 Form 1040 Tax Return – Unemployment / Worker’s Compensation (2019 or 2020) – Public Assistance Cash / TANF / SNAP (“Food Stamps”) – Social Security – 2019 SSA-1099 for SSA / SSI / Disability – Child Support / Alimony – Adoption Subsidy / Foster Care

• Return to the previous (“Scholarships”) web page,

scroll to the bottom, and click “Apply Now”

3/26/2020

How Do I Apply?

• Create an Account (first time users) or Sign In
• Enter Username / E-mail and Password

3/26/2020

How Do I Apply?

• Remember:
• You can begin your application before you

register your child

• BUT your child must be registered before you

Submit the application

• You can begin your application before you

have all your required documents

• You can save your work, log out, and

continue later

3/26/2020

How Do I Apply?

• Complete the questions; selected questions

include:

– List all K-12 schools where you will pay tuition next year – Do you have a Co-Applicant?

• A Co-Applicant is a household member who contributes

to expenses; it may be your spouse or another person – How much of the child’s tuition can you and/or the Co‐Applicant pay? – Annual tuition support required from non-custodial parent – Does the child have an IEP or 504 plan?

3/26/2020

Final Steps

• Submit application (child must be registered)
• Pay $35 application fee via credit or debit card
• Submit required supporting documents

– Scan them or Photograph them with your cell phone

• After submitting, check for email from FACTS

and respond promptly to any questions

3/26/2020

Assistance

• Mrs. Lisette Leston will assist with any issues

– No computer access or not familiar with online forms – English is not my primary language – Not sure if I have the right documents – I don’t have a credit/debit card for the application fee – Any other issues – Call with questions or to make an appointment – English or Spanish

• 718-728-1969

– Leave a message if Mrs. Leston is not available

3/26/2020

New! Financial Aid

• Financial Aid is for families who are unable to

provide all the documents required for FACTS

• Award decisions are based on financial need

and are made by the Board of Directors of ICCA

• Families must pay an amount determined by

the Board and remain current in their payments

• Financial Aid recipients are expected to have

good attendance and behavior, and to do their best academically

• Call Mrs. Leston (718-728-1969) to leave your name

3/26/2020

Action Items!

• Assemble your financial documents and

complete your federal tax return now

• Begin your application before you register or

have all your documents

• Beat the application deadline (May 31)
• Or call Mrs. Leston to begin Financial Assistance
• Early Applicants Have Greater Success!