STO
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The Our Faith STO is a charitable organization representing all of the Catholic K-12 schools in the Archdiocese of Dubuque and St. Paul’s Lutheran School in Waverly, IA. The STO receives voluntary cash contributions from Iowa taxpayers and allocates those funds in tuition grants to Iowa school children, who in turn, use those grants to attend one of the schools represented by the STO. For more information about the STO visit www.OurFaithSTO.org.
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Apply For Assistance
Timeline
January 1 Applications available on-line at online.factsmgt.com/aid. March 29 Completed applications must be submitted with all required tax materials scanned. Applications with missing information cannot be processed.
May 11 Award notification letters sent to all families who applied.
June 1 Families receiving assistance send confirmation they are accepting/declining the assistance back to the school.
*Note applications that are incomplete on March 29th or new applications after that date will be considered for later STO rounds, pending available funding. Amounts of any available later awards can be considerably smaller.
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What are the possible income qualifying levels for 2021-2022?
2020 POVERTY GUIDELINES FOR STO USE Persons in Household 400% of Poverty Rate 2 $69,680 3 $87,840 4 $106,000 5 $124,160 6 $142,320 7 $160,480 8 $178,640 *Important Notes about Income Guidelines
- STO qualifying levels listed are based upon 400% of 2021 Federal Poverty Levels. Final income qualifying levels will be determined by the "Our Faith" STO Board based on identified need and available funds.
- Families are eligible for STO assistance if they are Iowa residents AND their taxable income is at or below the above listed income levels. Falling within these guidelines does not necessarily guarantee tuition assistance awards.
- Family size includes parents/guardians plus total number of dependents claimed on tax return.
- For families/households with more than eight persons, add $18,160 for each additional person.
- Any available local tuition assistance beyond STO awards may not be based upon the above income levels but will likely require completion of a FACTS application.
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