Parents send their children to Father Yermo because they perceive a better academic quality, find structure, safety and discipline, and observe religious values integrated with the curriculum. One of Father Yermo’s most significant and meaningful task is to retain students whose parents are struggling with general financial uncertainty; the Scholarship & Tuition Assistance Committee (STAC) carries the tremendous responsibility to retain the students in the school and to help families in their time of need. The STAC makes a meaningful difference enhancing the enrollment and the Catholic education of students. Their goal is to recommend appropriate aid for families, within the guidelines and limitations of funding available to the school.
All requests for aid, appeal for additional help and financial emergencies should be funneled through the Father Yermo Schools Director; the STAC will evaluate and resolve the petition. Even in emergencies parents should be expected to complete the financial aid form and submit the necessary documentation in order to make a fair ruling.
Tuition assistance & scholarship funds are searched from different sources, as tuition and annual fundraising should balance the budget and allow the school to operate in the black. STAC finds support in:
A THIRD PARTY EVALUATOR
STEPS TO FOLLOW:
Step 1: On February, the School opens the process for eligible children, among student population, or from parents who come and request application. An interview with parent is set with School Director.
Step 2 Director gives out application. Parents will complete all paper work and return all documents to Central Office by March. El Paso residents should include tax return form 1040 and apply through FACTS; Juarez residents enclose receipts and acknowledgment letter from employers. All applications are handed out by the School and returned completed to the school.
Step 3. STAC will review all documentation to verify its completeness. All applications will be compiled at School and the package will be forwarded to the appropriate Foundation.
Step 4: Foundations will review application and inform school of its readiness to proceed.
Step 5: During the last week of April, a personal letter is sent to all families who receive tuition assistance, indicating the name of the student and the amount of aid awarded. Aid is deducted from the tuition balance at the beginning of the school year to reduce monthly payments. For simplicity and clarity, need-based aid is limited to providing tuition help. Fees, books, fundraising, etc., are to be the duty of the family, unless the donor specifies other. Personal attention is given to those families whose request for aid was declined.
INTERACTION WITH FOUNDATIONS.
One of Father Yermo Schools most important tasks is to carry on the philosophy to offer holistic valued education to the new generations and to retain students whose parents are struggling with general financial uncertainty. It is then imperative that parents follow the previously mentioned policies in order to create a uniform criterion in the establishment of procedures for scholarship and tuition assistance.