LOGSTO Assistance
What is this?
Families are eligible for assistance through this state-funded tax credit program if their income as shown on line 7b of their IRS Form 1040 for the 2019 tax year is not more than three times the poverty rate (based on the size of their family). Below is a chart that shows qualifying level for families of two through seven members.
STO Qualifying Levels 2020-2021*
Family Size** Maximum Income***
Two $51,720
Three $65,160
Four $78,600
Five $92,040
Six $105,480
Seven $118,920
*STO qualifying levels are based upon 300% of 2020 Federal Poverty Levels as required by Iowa law.
**Family size includes parent(s)/guardian(s) plus total number of dependents claimed on 2019 tax return.
***For each additional dependent add $13,440.
How do we apply?
Families apply by filling out the STO application form on-line at LOGSTO APPLICATION and submitting a copy of page 1 of their 2019 tax return to a third-party organization who verifies the eligibility and informs the school. Please call the school office if assistance is needed in filling out this form. Deadline for application is April 30, 2020 (late filers are awarded funds if there are funds still available).
What is the amount of the scholarship?
This depends on the individual family’s needs. Eligible families are assigned a “point value” based on their income levels and the school uses that point level to determine the amount of the award. The more demonstrated need, the higher the point value, the bigger the award.
FACTS Assistance
What is this?
Families who are in need of additional assistance to pay their tuition obligation are eligible to apply for assistance through this fund. Application for these funds takes place in April with the awards being made during the summer. However, families are welcome to apply for financial support at anytime throughout the year as we are aware of circumstances that can arise at anytime that might create a financial need.
How do we apply?
Application for tuition assistance is made through FACTS Grant & Aid Assessment. Go to FACTS APPLICATION to fill out the application and attach all the supporting documentation needed. There is a nonrefundable application fee of $35 to apply. Priority deadline is April 30, 2020. For questions about or assistance with this form, please contact the school office.
What is the amount of the scholarship?
The finance committee reviews the application and financial information and makes the determination of the award.