Financial Assistance with Tuition
Scrip
Tuition Credit
Scrip is an easy way to reduce your tuition cost and benefit St. Thomas
Aquinas Academy, simply by spending money you’d spend anyway. Just buy Scrip
cards for the merchants of your choice, and then use those cards as payment
for your purchases. Participating Scrip merchants include: Pick ‘n Save,
Kohl’s, Blockbuster, Home Depot, Barnes & Noble, J.C. Penney, dozens of
area gas stations, restaurants and other merchants.
Each
participating merchant donates a percentage of each sale back to St. Thomas
Aquinas Academy. This percentage is the “profit” realized by the school.
Your tuition balance will be credited with 50% of
the profits generated by your Scrip purchases.
Even
if you have already paid your tuition in full before the school year starts,
you can still benefit financially from Scrip. Here’s how: contact the Scrip
coordinator to request that the 50% profit split be applied toward your
fundraiser buy-out instead of tuition. In the event you have no outstanding
tuition or fundraising obligation to satisfy, there will be no credit or cash
back for your Scrip sales.
Example:
Using Scrip to buy groceries at Pick ‘n Save
- Let’s
say you buy Pick ‘n Save Scrip cards totaling $3,000 during the year.
You then use these cards for purchases at Pick ‘n Save instead of paying
with cash, check, credit card or debit card.
- Pick
‘n Save donates 3% of your card purchase price – $90 in this case –
to St. Thomas Aquinas Academy. Depending on the merchant, the donation may
be anywhere from 2% to 20% of the Scrip card value.
- Your
tuition bill is reduced by 50% of $90, or $45.
Note:
Scrip sales currently do not count toward the $400 annual fundraising
requirement. For more information about Scrip click here.
Parish
Assistance
Several of the cluster parishes offer scholarships or other forms of tuition
assistance for families of St. Thomas Aquinas Academy students. For more
information, contact your parish office.
Choice
The Milwaukee Parental Choice Program (Choice) allows students from low-income
families who reside in the City of Milwaukee to attend any participating
private school located in the city at no charge if certain eligibility
criteria are met. For details, visit the Choice homepage at http://dpi.wi.gov/sms/choice.html
or contact the school office.
St.
Gerard Scholarship
The St. Gerard Fund was established in 1997 with the proceeds from the sale of
the St. Gerard property and the closing of the parish. The parishioners of St.
Gerard established the fund to provide grade school scholarships for Catholic
school students in a defined area surrounding the St. Gerard facility. The
scholarships will be awarded based primarily on three criteria:
- Volunteerism
in the parish, school or community, on behalf of the student or immediate
family;
- Demonstrated
academic achievement or demonstrated effort by the student; and
- Special
financial needs of the student's family.
Each
year, the St. Gerard Scholarship Fund awards $500 to selected students in
grades 1 through 8. Watch the weekly school newsletter for announcements about
the annual application process, and deadline. Students receiving Choice funds
are not eligible for the St. Gerard scholarships.
George
and Mary Kremer Foundation Grants
St. Thomas Aquinas Academy has been the recipient of a grant from the George
and Mary Kremer Foundation in Naples, Florida for the past few years. The
Kremer family is a strong supporter of Catholic education in the United
States, and we are fortunate to be one of only 318 schools selected to receive
this grant. The grant is open to all of registered school families who meet
the income criteria as stated on the application. Applications are accepted
during the Spring, so watch for announcements at that time.