Financial Aid/FACTS

The Our Faith, Our Children, Our Future School Tuition Organization (STO) and Regis Middle School are pleased to once again provide tuition assistance to qualifying families. The STO program, supported by over 1000 donors, provides expanded opportunities to help qualifying families afford the Catholic School of their choice. Tuition assistance through the STO is available to Iowa residents.  New this year is families whose 2018 taxable income is at or below 400% of the federally determined poverty rate may qualify for an award.  STO funds are only available for K-12th grade students.  Early childhood or preschool fees/tuition are not eligible.  More information about the STO application process can be found at www.ourfaithsto.org.

Regis also has local funding to provide tuition assistance over and above the STO program thus providing supplementary tuition assistance to families of contributing parishes.  To be eligible for the STO program or Regis Local Tuition Assistance, an application must be submitted thru FACTS at www.online.factsmgt.com/aid.

The STO program will be utilizing FACTS Management to assist in determining the level of assistance to be awarded. FACTS Management has an application that all families need to complete to be considered for assistance. Your personal information will be held in strictest confidence at all times. If you have a child at more than one Archdiocesan School, you will only need to complete one application form. If you have previously applied for STO in the past two years, you should use the same log in and password.  If divorced parents each pay a portion of the tuition bill, then each household needs to complete an application for a possible award towards their portion of tuition. There is a $31.00 non-refundable processing fee for the online application payable to FACTS.

The FACTS application needs to be completed no later than April 15, 2019.  The application is available online at online.factsmgt.com/aid in both English and Spanish.  In addition to your completed application, you must include a copy of your federal 2018 tax return.  Click HERE to see the attached “Grant & Aid Assessment” flyer from FACTS for specific requirements. Tax and wage documents must be scanned or faxed by April 15th.  The zip code to search for Regis Middle School on the FACTS application is 52402.  We urge you to complete the materials early to allow time for notification of any missing/incomplete materials.

To assist you in completing the application, the FACTS call center is open Monday through Thursday from 7:30 am – 7 pm and Fridays from 7:30 am – 5 pm at 1-866-441-4637. The FACTS online application also has a chat feature to assist parents available Monday – Friday from 8 am – 5 pm.

At Regis Middle School we are happy to assist you with the application process. If you do not have Internet access to complete this application online, please call Mary Carey at 319-363-1968 at the school for assistance. 

Award notification letters will be sent on or before May 24, 2019. A summary timeline with specific information concerning the application deadline is found below.

We strongly encourage interested parents to complete an application. If you have questions about the assistance program, contact the school at 319-363-1968 or mcarey@regisroyals.org. Contact the FACTS call center at 1-866-441-4637 with specific questions about the application.

All families who want to be considered for tuition assistance from STO or Regis local assistance must fill out the FACTS application. 

Summary Timeline

January 1       Applications available on-line at online.factsmgt.com/aid.
April 15           Completed applications must be submitted with all required 2018 federal
                        tax returns and other required materials scanned or faxed by this date.      
                        Applications with missing information cannot be processed.
May 24            Award notification letters sent to all families who applied.
June 7             Families receiving assistance send confirmation they are
                        accepting/declining the assistance back to the school.

*Note applications that are incomplete on April 15th or new applications after that date will be considered for round #2. Amounts of any available later awards can be considerably smaller.

 

 New STO Qualifying Levels for 2019-20

*STO Qualifying Levels 2019-2020; 400% of federal poverty rate

Family Size

Maximum Income Family Size Maximum Income Family Size Maximum Income
Two $67,640 Five $120,680 Eight $173,720
Three $85,320 Six $138,360
Four $103,000 Seven $156,040

Families are eligible for STO assistance if their taxable income is at or below the above listed income levels. Local assistance may not be based upon the above. Falling within these guidelines does not necessarily guarantee tuition assistance.

FACTS Flyer

Frequently Asked Questions

Timeline

    *STO Application Round Window Summary

***Need to submit 2018 tax return & all requested income documentation

   Jan. 1st – April 15th:     Round #1

    April 16th – July 15th: Round #2