Financial Assistance
Through its benefactors
and through allocations in the school operating budget, Archbishop
Rummel provides a limited amount of financial aid each year. When it
can, the school seeks to provide financial assistance to students
who otherwise would be unable to attend the school. Under the
tuition assistance program, students must provide for their
registration and building fund fees.
Financial aid is awarded annually to
Archbishop Rummel students who are registered for the following year
and have qualified based on financial need. Parents/guardians must
apply for financial aid each spring or may apply online
Parents/guardians wishing to receive
financial aid must submit an application to Financial Aid
Independent Review (FAIR), an independent company. The guidelines
for submitting the application are established by FAIR. Application
forms can be obtained from the FAIR after March 15.
Parents/guardians mail the application form directly to FAIR
according to the deadline specified by the company.
The Financial Aid Committee, composed
of the President, the Principal, the Executive Director of Finance,
the Financial Aid Program Administrator, and a member of the
school’s Finance Committee determines the minimum and maximum
amounts of financial aid each year based on the amount of aid
budgeted and the tuition established for the coming year.
FAIR notifies the school of its recommendations and the Financial
Aid Committee then reviews the report issued by FAIR. In the event
of extenuating circumstances concerning an applicant’s family that
occur after the application process begins, the Financial Aid
Committee may make adjustments in the amount of awarded aid.
The Financial Aid Program
Administrator then notifies parents/guardians who applied for
financial aid of the award or denial. A form acknowledging the
acceptance of the financial aid award and the resulting stipulations
is signed by the President and the parents/guardians and the
student. A tuition loan that was executed with First Bank is reduced
at no cost for the parents/guardians of a student who receives a
financial award.
The school’s financial aid
budget also includes a specified amount that can be used in the case
of a family emergency that occurs during the school year. Any
financial award not used or forfeited during the school year is
added to this specified amount. The Financial Aid Committee may
allocate this money.
A student who receives financial aid
must perform work as assigned by the Financial Aid Program
Administrator. The work performed involves labor on the school’s
campus. Work projects must be approved in advance by the Financial
Aid Program Administrator and the President. The Financial Aid
Program Administrator determines the work schedule for each
financial aid recipient. The Financial Aid Program Administrator is
responsible for keeping a daily written verification of the work
performed. Both the Financial Aid Program Administrator and the
student sign the form indicating the assignment.
The President and
Executive Director of Finance receive regular reports on the work
status of any student receiving financial aid. A student who fails
two or more subjects at the end of the first semester forfeits his
financial aid for the remainder of the school year. The student’s
account must be paid in full by April 30. A student who fails two
or more subjects at the end of the second semester forfeits his
award for the following school
year.
A student who is placed on
disciplinary probation prior to April 30 immediately forfeits his
financial aid for the remainder of the school year. The student’s
account must be paid in full by April 30. A student who is placed
on disciplinary probation after April 30 forfeits his award for the
following school year.
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