Scholarship and Tuition Assistance

FINANCIAL ASSISTANCE

Financial assistance is available for families of St. Teresa of Calcutta Catholic School.  Scholarships are available to families who meet the criteria for E.I.T.C. scholarships such as The Neumann Scholarship.  All applications for tuition assistance are processed through the FACTS system.  This includes both the Neumann Scholarship and any need-based school scholarships.

The 2019-2020 STC Tuition Assistance Application is now available.  All Pennsylvania and Maryland residents will use the FACTS Tuition Management Program to apply for financial assistance.  There is a $30 application fee assessed by FACTS to apply for financial assistance.   Please use this link on the STC homepage to access FACTS.  While all families are eligible for school assistance, only Pennsylvania families are eligible for the Neumann Scholarship administered by the Diocese of Harrisburg.

All applications for tuition assistance are due April 15, 2019. 

The 2019 – 2020 Family Choice Scholarship is also available to families who reside in the State of Pennsylvania. The Family Choice Scholarship Program is a non-profit initiative of the Pennsylvania Family Institute which has provided important, timely help to hundreds of Pennsylvania families in need. Family Choice has allowed parents of preschool age children through 12th grade to choose the best educational experience for their child, including private and religious schools.  The application for the 2019-2020 school year can be found hereApplication deadline is July 15, 2019.  Award determinations will be mailed by late September 2019.

Crusaders SCRIP Tuition Scholarship are available for the 2019-2020 academic year.   Families applying for a scholarship must be regular purchasers of gift cards from the “Crusaders SCRIP” program throughout the year.  Scholarships are not determined by demonstrated financial need.  Each family’s total gift card sales will not equal the scholarship award.  For example, purchasing $200.00 in gift cards will not equal a $200.00 scholarship.  Total award will be based on each year’s total SCRIP profit and total scholarship applications received.  Interested families must fill out a scholarship application and return to the school office (either campus) by April 15th of the current academic year.  Please mark all envelopes “Crusaders SCRIP Tuition Scholarship”. Families will be notified of their scholarship award by August and all awards will be applied to the upcoming academic year’s tuition.

Update on 529 Plan Distributions
for K-12 Expenses

Pennsylvania Department of Revenue - Answer ID3399 (Updated 1/26/2018)
Can I use money contributed to my child's 529 Plan to pay for their K-12 education expenses?
Pennsylvania will follow the Federal tax legislation signed into law on December 22, 2017, which includes several new provisions related specifically to 529 plan accounts, beginning with the 2018 tax year:
  • Account owners can use assets to pay for qualified K-12 expenses up to $10,000 per year, per student.
  • Account owners can treat K-12 withdrawals as qualified education expenses with respect to federal tax and PA PIT purposes.
  • Account owners can roll over 529 plans to Achieving a Better Life Experience (ABLE) savings plans (an IRC Section 529A plan), up to the ABLE annual contribution limit as determined under IRC Section 2503(B). However, a taxpayer may not claim a deduction for the rollover amount on their PA-40 return.
Once again the Pennsylvania tax law follows the Federals tax law, the same as before, and allows the deduction for the expanded 529 plans.
 
Please seek further clarification from the Pennsylvania Department of Revenue website found here