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Financial Aid Through its benefactors and through tuition funds, 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. Tuition funds are for tuition charges only. A budgeted amount of financial aid (separate from the school’s academic scholarship awards) is awarded on a yearly basis to Archbishop Rummel High School students. Financial aid is based strictly on family need and is available to a student registered for the following school year. Parents/guardians must apply for financial aid each spring. 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. A tuition loan with First Bank is reduced at no cost for the parents/guardians of a student who receive 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 a weekly report 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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