The Education Opportunities Act restricts tuition grants to K-12 students who live in an Iowa household, the total income of which does not exceed an amount equal to three times the federal poverty guideline.
You may be eligible to receive a grant from the Our Faith STO if your household income from line 22 of IRS Form 1040 (or line 15 of IRS Form 1040A) does not exceed the amount shown below for the number of people in your household. Students must attend a school represented by the Our Faith, Our Children, Our Future School Tuition Organization in order to be eligible. View the schools participating in the Our Faith STO program.
To be eligible to receive a grant from the STO program the applicant must meet the following criteria:
• Submit a completed application for assistance.
• Must reside in the state of Iowa.
• Must attend a school represented by the Our Faith, Our Children, Our Future School Tuition Organization.
• 2015 family taxable income (line 22 on IRS 1040 form) must be at or below 300% of the federal poverty rate.
STO Qualifying Levels for 2017-2018
The image below depicts the STO Qualifying Levels for 2017-2018.
* STO qualifying levels are based upon 300% of 2017 Federal Poverty Levels as required by Iowa law.
**Family size includes parents/guardians plus total number of dependents claimed on 2015 tax return. For families with more than seven persons, add $12,540 for each additional person.
***Families are eligible for STO assistance if their taxable income is at or below the above listed income levels. Local assistance may not be based upon the above. Falling within these guidelines does not necessarily guarantee tuition assistance.
All families who want to be considered for tuition assistance must fill out the FACTS application. PSAS, the third party administrator for STO funds for the 2016-17 school year and in years prior, was recently purchased by FACTS Management.
FACTS English and Spanish applications for the 2017-18 school year are available by clicking here.
A brief summary of the application process with FACTS, which you will find is almost identical to the process with PSAS, is available by clicking on the button below. Thank you!
If you have questions regarding the new process, please contact your local school administrators.