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Program Information
STO updated information will follow soon as we receive it. Thank you for your patience.
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 2012 returns. Donors interested in contributing to this program during 2013 can
download a donor application at www.OurFaithSTO.org. The goal for 2013 is to raise
$4,195,846 million to be used in the 2014-15 school year.
Families are eligible for the Our Faith, Our Children, Our Future STO assistance if their
taxable income for 2012 is at or below 300% of the poverty level. The poverty level is set
by federal guidelines. The level of Our Faith, Our Children, Our Future STO assistance
recommended by PSAS will be based upon family income, number of dependents, and
the total K-12 tuition bill for the family.
*STO Qualifying Levels 2012-13
**Family
Size |
***Maximum
Income |
**Family
Size |
***Maximum
Income |
Two |
$46,530 |
Five |
$82,710 |
Three |
$58,590 |
Six |
$94,770 |
Four |
$70,650 |
Seven |
$106,830 |
* STO qualifying levels are based upon 300% of 2013 Federal
Poverty Levels as required by Iowa law.
**Family size includes parents/guardians plus total number of
dependents claimed on 2012 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 $12,060.
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
February 1 Applications
available through the school and on-line at www.psas.org
March 23 Completed
applications must be post-marked or filed electronically.
May 24 Award
notification letters sent to all families who applied.
June 3 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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