#1. Tuition Tax Credit-This credit is equal to 25% of the first $1,000 of the total tuition amount paid for each child (preschool through grade 12). The maximum credit per child is $250. Tuition Tax Credit information was sent out to all families in February.
#2. Archdiocese of Dubuque Our Faith, Our Children, Our Future STO (School Tuition Organization)- Those families whose adjusted gross income
fall below 300% of the poverty level, and meet all local admissions requirements, qualify for assistance through this program. This STO will offer tuition assistance to families based upon their identified need and the amount of money available in the program, as determined by an outside agency. Additional assistance from the school may be added to the total package of assistance, based on local criteria. This year St. Mary’s School received over $30,000 from generous donators to be used to help our families with tuition through the STO program.
#3. Local Assistance -If additional funds are needed to help offset your yearly tuition amount above and beyond what was allocated through the STO program, families can apply for tuition assistance directly through the school. This money is available through the Educational Grant program and other generous donations made by Friends of St. Mary’s.
#4. Scrip- Parents can earn 1% of each SCRIP purchase by making regular purchases at the grocery store, gas station, etc. This money is then credited towards your yearly tuition amount, thus reducing your overall tuition amount.
#5. Free or Reduced Lunch prices- Families may apply for Free or Reduced Lunch prices on an annual basis. This program is offered through the State of Iowa and application information is provided each fall as part of your family registration packet.
Please contact the school office if you have any questions about the information provided.