Tuition Support and Affordability
Tuition Support
St. Charles offers four sources of tuition support for grades K-8: Indiana School Choice Scholarships (commonly called vouchers), SGO grants, Gift of Education scholarships, and the Madonna Paskash Scholarship Fund. Please see the following for details regarding each type of tuition support.
Indiana Choice Scholarship Program
School Choice Scholarships are awarded to a family with direct payment to St. Charles from the State of Indiana and are available in grades K-8 for parishioner and non-parishioner families. To qualify for a choice scholarship, families must meet an income threshold.
Regarding the income threshold, the state sets guidelines for how much can be awarded. The public school district in which you reside determines its cost of education per child, per year. Based on that figure, families qualify to receive up to 90% of that figure, given as a voucher payment to St. Charles. This school choice scholarship amount is then applied to your tuition, excluding registration fees, technology fees, and book fees. This requires your IRS Federal 1040 Income Tax Return from your most recent tax year. St. Charles also encourages families taking advantage of the Indiana School Choice Scholarships to fill out the FACTS Grant and Aid application.
Indiana Tax Credit (SGO) Scholarships
An SGO stands for a Scholarship Granting Organization. These organizations have been authorized by the State of Indiana, and they allow donors to fund scholarships which individual schools can then give out to individual families. To qualify, families must fall within income guidelines set by the state. Unlike Indiana Choice Scholarships (vouchers), the specific dollar amount of an SGO award is determined at the local level. The minimum distribution is $500 per child. Any family wishing to request assistance through an SGO must complete the confidential FACTS Grant and Aid Application, each year.
Gift of Education Scholarships
Each year through the generosity of alumni, parents, parishioners, students and friends, St. Charles is able to offer tuition assistance to students who might not otherwise be able to afford a Catholic education through the Gift of Education. Any family wishing to request school tuition assistance must complete the confidential FACTS Grant and Aid Application, each year. Completing this assessment is the only requirement necessary and this information will verify how your family best qualifies for this tuition assistance. FACTS Grant and Aid is utilized and assists the school in processing the applications to prepare an objective report. Final aid determinations will be made by the school. All financial information will be kept in the strictest confidence. We encourage any family who is concerned about their ability to cover the cost of tuition to please apply for assistance. It is there for you to request and is part of our school budget!
The Madonna Paskash Scholarship Fund
The Madonna Paskash Scholarship Fund is privately funded through the generosity of donors. If you are interested in making a contribution to this fund please contact Mrs. Nicole Hodgson, Marketing Director at nhodgson@stcharlesbloomington.org. This scholarship is awarded to a St. Charles School parent/guardian who has a student in good academic standing and a family with a documented financial need of tuition and fee assistance. These funds are awarded to current families at the principal's discretion and committee approval. To apply for this scholarship please complete this form.
Questions?
Please email Siobhan Dennis at sdennis@stcharlesbloomington.org
Please email Siobhan Dennis at sdennis@stcharlesbloomington.org