Frequently Asked Questions
What is the Vision for the Future education fund?
The Catholic Diocese of Wilmington began the Vision for the Future Education Trust in the early 1990s with gifts from several private foundations, corporations and individuals. The diocese uses income generated from the Trust to provide tuition assistance to qualified families so their children can attend parish, parochial, or diocesan regional 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 2016-2017 school year, the diocese received applications representing nearly 1,000 students. FACTS, an independent agent that analyzes the financial need of each applicant, determined that more than $4 million would be required to fulfill the maximum need of every family who qualified for assistance. However, due to limited resources, financial assistance will be provided to only 282 students for a total distribution of $606,400 – an amount representing approximately 15 percent of the total calculated need of all applicants.
How is financial aid determined?
The diocese contracts with FACTS, an independent organization, 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?
A few parish schools do set aside a small portion of their budget to provide tuition assistance for needy families. Most of the schools in the diocese do not have such funds.
How do I apply for tuition assistance for my family?
To be considered, parents must submit an application online to FACTS Grant & Aid Assessment for evaluation at online.factsmgt.com/aid beginning December 1, 2016. Please note that paper applications are no longer permitted. FACTS representatives are available to guide you through the application process and to answer your questions. For assistance, simply call 1-866-441-4637. Once your application is completed, you will be required to provide the following information:
- Copies of your most recent tax forms including all supporting tax schedules*
- Copies of your 2016 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 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 6, 2017. Applications received after March 6 cannot be considered for tuition assistance through the diocese.
For more information, call the diocesan Development Office at 302-573-3121 or email Rita Mendoza, Assistant to the Director, at [email protected].
I think this is a cause that deserves greater support. Can I make Vision for the Future part of my estate planning?
Yes. Call Deborah A. Fols, the diocesan Development Director, at (302) 573-3121 or write her at [email protected].