Rebecca Shafer, Tuition Management from the Region, will be at St. Theresa to assist school families in signing up for ESA and CTO on April 23 from 9:00 a.m. – 12:00 p.m. in the school office. **<\/p>\n\n\n\n
Catholic Tuition Organization (CTO)<\/strong><\/p>\n\n\n\n CTO is income-based. There is an application fee, and the award amount is determined by financial need. CTO is available for students in grades K-12. Below are the income guidelines for applying.<\/p>\n\n\n\n – Family size includes parent(s)\/guardian(s), the total number of dependents, and others living in the household.<\/p>\n\n\n\n – Families\/households are eligible for CTO assistance if their total income is at or below the [Insert Income Level] reported on Line 9 of their federal income tax form(s).<\/p>\n\n\n\n – Add $22,000 for each additional dependent.<\/p>\n\n\n\n Education Savings Account (ESA)<\/strong><\/p>\n\n\n\n ESA funds are available to all students who are residents of the state of Iowa and attend a private school. Students must be five years old by September 15 of the application year. ESA is available for students in grades K-12. There is no fee to apply for ESA, and these funds do roll over from year to year.<\/p>\n\n\n\n **Families should bring their taxes for CTO as they will need the numbers to fill out the fields. If they have 2025 done, they should bring those documents\/items. If they don’t, then they need to bring 2024.<\/p>\n\n\n\n Also, if a family receives SSI, TANF, or SNAP they will need to bring those documents to be uploaded to their application.<\/p>\n\n\n\n