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Program Information
The Our Faith, Our Children, Our Future STO is funded
by numerous generous donors from across the Archdiocese of Dubuque.
All donors received an Iowa Tax Credit equal to 65% of their
gift, with all donations qualifying for a federal income tax
deduction for their 2011 returns. Donors interested in contributing
to this program during 2012 can download a donor application
at www.ourfaithsto.org.
The goal for 2012 is to raise $4 million to be used in the
2012-13 school year.
Families are eligible for the STO assistance if their adjusted
gross income for 2011 is at or below 300% of the poverty level.
The poverty level is set by federal guidelines. The level of
STO assistance recommended by PSAS will be based upon family
income, number of dependants, and the total K-12 tuition bill
for the family.
*STO Qualifying Levels 2012-13
**Family
Size |
***Maximum
Income |
**Family
Size |
***Maximum
Income |
Two |
$43,710 |
Five |
$77,370 |
Three |
$54,930 |
Six |
$88,590 |
Four |
$66,150 |
Seven |
$99,810 |
* STO qualifying levels are based upon 300% of 2011 Federal
Poverty Levels as required by Iowa law.
**Family size includes parents/guardians plus total number of
dependents claimed on 2011 tax return.
*** Families are eligible for STO assistance if
their adjusted gross income is at or below the above listed income
levels. Local assistance is not based upon the above. Falling
within these guidelines does not necessarily guarantee tuition
assistance.
For each additional dependent add $11,220.
All families who want
to be considered for tuition assistance must fill out the PSAS
application.
Please call Lynn
Ptacek in the Newman Catholic Foundation Office at
(641) 423-6638 or Cindy McCarthy in the Newman Catholic School
Business Office at (641) 423-6939
with any questions.
Timeline
January Applications
available through the school and on-line at www.mypsas.org
March 15 Completed
applications must be post-marked or filed electronically.
May 10 Award
notification letters sent to all families who applied.
May 1 Families
receiving assistance send confirmation they are accepting or
declining the assistance back to the school.
Authorization Code
As you log on to complete the application, our school/system
code is 1298.The password on-line is Arch1.
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