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FVL Tuition Assistance Program

   Who is Eligible?

FVL Tuition Assistance Program applications may be submitted for any student currently attending or students who have officially registered for the coming school year.  (Registration includes payment of the non-refundable Application Fee.)  A new application needs to be submitted annually for consideration of tuition assistance. 

If you are an incoming 9th grader or transferring from a public school and meet the eligibility requirements for Tuition Assistance, we ask that you also apply for the Wisconsin Parental Choice Program, or School Choice.  If awarded a School Choice voucher, it could pay up to the full amount of tuition, and it would allow tuition assistance to be distributed to more families.


   Check the Eligibility Chart to find out if your family qualifies...

This chart is a general guide.  Special circumstances are also considered. This chart considers qualifications based on a family's/parent's adjusted gross income (as reported on IRS 1040). The adjusted gross income must be less than the figure in the column header below.

  $40K $45K $50K $55K $60K $65K $70K $75K $80K $85K $90K $95K $100K
# of
exemptions
claimed on
IRS 1040
(Household
Size)
2                          
3                          
4                          
5                          
6                          
7                          
8                          

 

 

Aid Available
    Aid may be available under circumstances such as several students attending FVL, special medical needs, etc.
    Aid not normally available unless there are special circumstances

This chart is intended only as a guide.  Special circumstances may increase assistance available.


   How to Apply
  1. The FACTS Grant and Aid Assessment service has been chosen to conduct the financial needs assessment on behalf of FVL.  The online application is available by March 1, and is due with the necessary supporting documentation to FACTS by the first Friday in May.
  2. The following documents are required as part of your application:
    • Copy of most recent calendar year Federal Form 1040, 1040A or 1040-EZ U.S. Individual Income Tax Return. If applicant and co-applicant file separately,  both tax returns are required for the same tax year.
    • Amounts for monthly expenses for residence, vehicle, credit card.
    • Amounts for yearly expenses for college, child care, insurance.
    • Value of any other assets or liabilities.
    • Copies of all of the most recent calendar year W-2 Wage and Tax Statements for both the applicant and co-applicant. 
    • Copies of all supporting tax schedules if you have income/loss from any of the following:
      1. Business - (Form 1040 Line 12) send Schedule C or C-EZ and Form 4562 Depreciation and Amortization
      2. Farm - (Form 1040 Line 18) send Schedule F and Form 4562 Depreciation and Amortization
      3. Rental Property - (Form 1040 Line 17) send Schedule E (page 1)
      4. S-Corporation - (Form 1040 Line 17) send Schedule E (page 2), Form 1120S (4 pages), Schedule K-1 and Form 8825
      5. Partnership - (Form 1040 Line 17) send Schedule E (page 2), Form 1065 (5 pages), Schedule K-1 and Form 8825
      6. Estates and Trusts - (Form 1040 Line 17) send Schedule E (page 2), Form 1041 and Schedule K-1    
    • Copies of all supporting documentation for household Non-Taxable Income such as: Social Security Income, Welfare, Child Support, Food Stamps, Workers' Compensation, and Temporary Assistance for Needy Families (TANF).
    • IMPORTANT: If self-employed with no W-2 Wage Statement, submission of the most recent calendar year Federal Form 1040 Tax Return is required.

If you have questions or concerns about the FACTS application process, you may speak with a FACTS Customer Care Representative at 866-315-9262.  Failure to submit all required forms may result in the rejection of the application.  


   Awarding of FVL Tuition Assistance 

Applicants will be notified in late June of their tuition assistance.

The FVL Student Services Committee in consultation with the FVL Board of Regents reviews the financial needs analysis data provided by FACTS to determine assistance. All information is held in the strictest confidence. The maximum tuition assistance for any student will be limited to 80% of the tuition cost. Assistance does not apply toward fees or other miscellaneous school expenses.


   Forfeiting Tuition Assistance

Students involved in repeated unChristian behavior or who by their actions and words show they are not in harmony with the philosophy of the school, may forfeit their tuition assistance upon recommendation of the FVL administration and approval of the FVL Board of Regents. FVL reserves the right to rescind any tuition assistance if the circumstances upon which it was issued should change. Such action does not release the family of its obligation for tuition, fees, and other charges.


   Repayment Opportunities

With changing financial circumstances, some FVL tuition assistance recipients may see themselves able to repay this assistance or to make contributions toward the Tuition Assistance Fund in the future. No set schedule or obligation for repayment exists, but FVL encourages families to consider this option as a way to replenish this fund and assist other families in achieving their dream of a Christian high school education for their teens. 


   How Can I Help Provide Tuition Assistance?

Gifts for tuition assistance are always appreciated and needed. Gifts may be given directly to the school for the current school year or may be given to the FVL Endowment Fund. In addition, participation in the FVL SCRIP program, even after your student has graduated, helps support the Tuition Assistance Program.

 

Member of the FVL Schools Educational & Child Care System

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