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 who demonstrate financial need to afford the 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.
Applications
for tuition assistance are now available for the 2013-2014 school year through the parish and regional elementary schools and the parish and diocesan high schools. 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 rmendoza@cdow.org
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?
This current school year, $573,000 was provided
in tuition assistance to the families of 297 students. While this support
is significant, there were more than 600 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 $3.2 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 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?
Tuition assistance applications are now being
accepted for the upcoming 2013-2014 school
year. Families with children registered in a parish, regional or diocesan
school who believe they are in need of financial aid are encouraged to apply.
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, families are encouraged to apply online at www.factstuitionaid.com. FACTS representatives
are available to guide every applicant through the process and to answer
questions. Simply call 1-866-315-9262 or email info@factstuitionaid.com.
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 2012 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 $25 application fee
· Signed and completed paper application (unless you have applied
online)
Applications and all required documentation must
be received by FACTS no later than March 1, 2013. Applications received after
March 1 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 rmendoza@cdow.org.
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 dfols@cdow.org