Tuition Assistance

Owensboro Catholic Schools offers a need-based tuition assistance system. Parish dollars are shifted from the general fund and endowment earnings into a tuition assistance fund, providing over $700,000 in assistance to our families. We encourage all families to apply for financial aid.

Please Note: In the past, the initial deadline for tuition assistance was the middle of February. This year, we are moving the deadline to March 6-17. All tuition assistance will be completed online. This year, in order to apply for tuition assistance, a family must have the registration process completed (online registration completed and registration fee paid). Registration will open March 6.

To ensure the greatest opportunity for tuition assistance, it is important for families to complete the application process prior to March 17.

Expectations for Families Receiving Tuition Assistance

  • Actively volunteer in the parish and school community
  • Actively participate and support parish and school fundraising activities and events
  • Actively support and promote the parish and the school in the greater community

Applying for Tuition Assistance

In 2016-17, more than 90% of Owensboro Catholic families received tuition assistance (parish subsidy funds and/or additional needs-based tuition assistance).

All parish approved Catholic families from our 16 supporting parishes receive tuition support from the parish subsidy. This support is already factored into the set tuition rates.

Additionally, OCS awards tuition assistance based on need. This assessment is conducted by FACTS Tuition Service.

All families who want to be considered for need-based tuition assistance must complete the online 2017-18 OCS Registration Application/Fee and the online FACTS Financial Aid Application/Fee at https://online.factsmgt.com/signin/3CZCJ.

Tuition Assistance Application/Fee

Families must scan or send in all supporting documentation to FACTS as instructed. There is a $27 fee to apply for tuition assistance, paid directly to FACTS, which is an independent company that processes the application and supporting documentation in order to produce a needs assessment report for OCS. Tuition assistance allocations are based on the needs assessment report.

If you need assistance filing electronically, contact the OCS business office at 270-686-8896.

Notification of tuition assistance will occur within 30 days of the date of submitted tuition assistance application/fee (with supporting documentation) and registration application/fee.

Download the FACTS Grant & Aid Assessment Information flyer.

 

FACTS Management makes quality education affordable for families by assisting schools in awarding need-based tuition assistance. FACTS works with schools to create a custom application and collect financial data so schools can make accurate award decisions based on financial need.

After completing the online application, you will need to upload or fax all required supporting documentation. Uploaded documents must be in PDF format and the size of each document must be less than 20 MB. If you are unable to upload, fax the required documents to 866-315-9264. Please DO NOT use your mobile device to photocopy required documents due to problems with legibility.

The following supporting documents are required to complete the application process:

  • Copy of the most recent IRS Federal Form 1040, 1040A or 1040-EZ U.S. Individual Income Tax Return (the year of the tax return depends on the tax requirements of the school). If applicant and co-applicant file separately, we require both tax returns for the same tax year. We do not require State Tax Returns.
  • Copies of all the current year W-2 Wage and Tax Statements for both the applicant and co-applicant.
    NOTE: If you are applying before you have received all the current year W-2 Wage and Tax Statements, please submit them as soon as they become available.
  • Copies of all supporting tax documents if you have business income/loss from any of the following:
    Business – Send Schedule C or C-EZ and Form 4562 Depreciation and Amortization
    Farm – Send Schedule F and Form 4562 Depreciation and Amortization
    Rental Property – Send Schedule E (page 1)
    S-Corporation – Send Schedule E (page 2), Form 1120S (5 pages), Schedule K-1 and Form 8825
    Partnership – Send Schedule E (page 2), Form 1065 (5 pages), Schedule K-1 and Form 8825
    Estates and Trusts – send Schedule E (page 2), Form 1041 and Schedule K-1
    *IMPORTANT: If you file a tax return but do not have W-2 wages because you are self-employed, you will be required to submit a copy of your current year Federal Form 1040 Tax Return.
  • Copies of all supporting documentation for household Non-Taxable Income such as: Social Security Income, Welfare, Child Support, Food Stamps, Workers’ Compensation, and Temporary Assistance for Needy Families (TANF). If you do not file a tax return, you are required to provide documentation of all income received.

*All documentation received is imaged upon receipt and then destroyed.

You may login to your FACTS user account to review the status of your application. Please allow 2 weeks processing time from the date you provided the supporting documents before inquiring further about receipt and/or status of the uploaded or faxed documents. Application deadlines are set by the institution awarding the scholarships. If you are applying after the deadline, please contact your school to ensure that your application will be accepted.

NOTE: Award decisions are made by the institution providing the scholarship, not FACTS.

 

Additional Tuition Assistance Opportunities

FACTS Tuition Assistance Appeal

After your tuition assistance has been awarded, families may choose to appeal for additional assistance. Families should complete the appeal process if they have additional financial need or there are extenuating circumstances (loss of job, illness, emergency situation, etc.) since the submission of the initial application. In such situations, families are required to complete a FACTS appeal application, and any new circumstances will be considered and evaluated by FACTS. Awards are granted based on financial need and the availability of tuition assistance funds for the current school year.

Service Work-Study Grant (New for 2017-18)

Families who have applied for tuition assistance, completed the appeal process, and still demonstrate financial need are eligible to apply for the Service Work-Study Grant. Families who are able to give their time and talents and agree to provide volunteer services based on the needs of the school are encouraged to apply for this grant opportunity. Awards are based on financial need and the agreed upon service to the school. Please contact the OCS Central Office to apply for the Service Work-Study Grant.

Emergency Assistance Grant (New for 2017-18)

Families who have applied for the Service Work-Study Grant and still demonstrate financial need based on extenuating circumstances are eligible to apply for the Emergency Assistance Grant. Awards are granted based on financial need and the amount of emergency assistance funds available for the current school year. Please contact the OCS Central Office to apply for the Emergency Assistance Grant.

FACTS Management makes quality education affordable for families by assisting schools in awarding need-based tuition assistance. FACTS works with schools to create a custom application and collect financial data so schools can make accurate award decisions based on financial need.

After completing the online application, you will need to upload or fax all required supporting documentation. Uploaded documents must be in PDF format and the size of each document must be less than 20 MB. If you are unable to upload, fax the required documents to 866-315-9264. Please DO NOT use your mobile device to photocopy required documents due to problems with legibility.

The following supporting documents are required to complete the application process:

  • Copy of the most recent IRS Federal Form 1040, 1040A or 1040-EZ U.S. Individual Income Tax Return (the year of the tax return depends on the tax requirements of the school). If applicant and co-applicant file separately, we require both tax returns for the same tax year. We do not require State Tax Returns.
  • Copies of all the current year W-2 Wage and Tax Statements for both the applicant and co-applicant.
    NOTE: If you are applying before you have received all the current year W-2 Wage and Tax Statements, please submit them as soon as they become available.
  • Copies of all supporting tax documents if you have business income/loss from any of the following:
    Business – Send Schedule C or C-EZ and Form 4562 Depreciation and Amortization
    Farm – Send Schedule F and Form 4562 Depreciation and Amortization
    Rental Property – Send Schedule E (page 1)
    S-Corporation – Send Schedule E (page 2), Form 1120S (5 pages), Schedule K-1 and Form 8825
    Partnership – Send Schedule E (page 2), Form 1065 (5 pages), Schedule K-1 and Form 8825
    Estates and Trusts – send Schedule E (page 2), Form 1041 and Schedule K-1
    *IMPORTANT: If you file a tax return but do not have W-2 wages because you are self-employed, you will be required to submit a copy of your current year Federal Form 1040 Tax Return.
  • Copies of all supporting documentation for household Non-Taxable Income such as: Social Security Income, Welfare, Child Support, Food Stamps, Workers’ Compensation, and Temporary Assistance for Needy Families (TANF). If you do not file a tax return, you are required to provide documentation of all income received.

*All documentation received is imaged upon receipt and then destroyed.

You may login to your FACTS user account to review the status of your application. Please allow 2 weeks processing time from the date you provided the supporting documents before inquiring further about receipt and/or status of the uploaded or faxed documents. Application deadlines are set by the institution awarding the scholarships. If you are applying after the deadline, please contact your school to ensure that your application will be accepted.

NOTE: Award decisions are made by the institution providing the scholarship, not FACTS.