VISION FOR THE FUTURE
Through the Diocese of Wilmington’s Education Trust Fund, Vision for the Future, tuition assistance is offered to families whose children attend Catholic elementary and secondary schools and to afford full cost of tuition.
Funds held within the trust and restricted to the support of tuition assistance, combined with those raised through the annual diocesan Share in the Spirit collection, are distributed annually.
For the 2015-2016 school year, online applications will become available by November 21, 2014. Applicants should be low- and middle-income families who are in need of tuition assistance to meet tuition costs.
For more information about Vision for the Future, or to see if you qualify for assistance, please contact the diocesan Development Office at (302) 573-3121 or email Rita Mendoza, Assistant to the Director, at [email protected]
Frequently Asked Questions
What is the Vision for the Future Education Fund?
The Catholic Diocese of Wilmington began the Vision for the Future Education Fund in the early 1990s with gifts from several private foundations, corporations and individuals. The diocese uses income generated from the fund to provide tuition assistance to qualified families so their children can attend parish and regional elementary schools and parish and diocesan high schools. Funds used for the purpose of tuition assistance are also acquired through the diocese’s annual Share in the Spirit collection which occurs the fourth weekend of September.
How significant is the need?
For the current 2014-2015 school year, $605,500 has been provided in tuition assistance to the families of 317 students. While this support is significant, there were more than 500 other children whose families qualified for aid but unfortunately there was not enough money available to help them. A financial evaluation of all applicants determined that more than $4.3 million would have been needed to meet the needs of all qualifying families.
How is financial aid determined?
The diocese contracts with an independent organization (FACTS) to review tuition assistance applications and to evaluate each applicant’s financial need. Upon evaluation completion, awards are then made by the diocese based on the family’s financial need and the amount of money available for distribution from the diocese’s Education Trust. All applicants are notified accordingly by the diocesan development office by mid-May.
Don’t schools and parishes have their own tuition assistance funds?
Parishes and schools do set aside a portion of their budgets to provide tuition assistance for needy families. However, most schools do not have sufficient funds to meet the requests received.
How do I apply for tuition assistance for my family?
For school year 2015-2016, online applications will become available by November 21, 2014
To be considered for tuition assistance, parents must submit an application to FACTS Grant & Aid Assessment for evaluation. Paper applications are now available in your school’s business office. However, you are encouraged to apply online at online.factsmgt.com/aid. FACTS representatives are available to guide you through the application process and to answer your questions. For assistance simply call 1-866-315-9262.
Once your application has been completed, you will be required to mail the following information:
- Copies of your most recent tax forms including all supporting tax schedules*
- Copies of your 2014 W-2 forms for both you and your spouse*
- Copies of supporting documentation for Social Security Income, Welfare, Child Support, Food Stamps, Workers’ Compensation, and TANF*
- Non-refundable payment of the $30 application fee*
- Signed and completed paper application (unless you have applied online)
*Refer to page 10 of the application FACTS Grant & Aid Checklist for a full listing of required documentation
Applications and all required documentation must be received by FACTS no later than March 9, 2015. Applications received after March 9 cannot be considered for tuition assistance through the diocese.
Can I make Vision for the Future part of my estate planning?
Yes. Call Deborah A. Fols, Diocesan Development Director, at (302) 573-3125 or write her at [email protected]