OLV Financial Assistance

Financial Assistance Opportunities

Financial assistance is available for eligible families by completing registration at OLV and enrollment in TMS, and completing an application with Private School Aid Service (PSAS). 

Procedure:  Parents must: (1) register their child at OLV, and (2) enroll in TMS (Tuition Management Services) prior to applying for aid.   If interested in financial assistance, PSAS applications are provided by the Main Office.   A $21 application fee is paid by the family. Parents complete and return the forms and all information directly to PSAS.  After analysis by PSAS, all financial assistance applications are then processed by the Principal and Business Manager.  Parents should not expect financial assistance to exceed 50% of the tuition cost to educate a child.  Due to fund limitations, simply applying for financial assistance does not guarantee an award.   The two annual deadlines for PSAS are June 1 (with decisions in August) and October 1 (with decisions in December). 

Victory Grant

The OLV School Board established the Victory Grant to help OLV parishioners to provide a Catholic education for their children, regardless of their ability to afford such an education. The purpose of this grant is to help families experiencing difficulty due to such issues as low income or outstanding medical debts, thereby adding a burden on family income.  A PSAS application is required.  The following are specifics in regards to the Victory Grant:

• Only parishioners of Our Lady of Victory Parish will be considered.
• Families with outstanding tuition or bills for previous school years do not qualify.
• Grants cannot be given for Pre-Kindergarten tuition.
• If approved for assistance, families may be required to increase Volunteer Hours.

The Padre Grant

The OLV School Board established the Padre Grant to help non-parishioners to provide a Catholic education for their children, regardless of their ability to afford such an education. The purpose of this grant is to help families experiencing difficulty due to such issues as low income or outstanding medical debts, thereby adding a burden on family income.  A PSAS application is required.  
The following are specifics in regards to the Padre Grant:

• Only non-parishioners of Our Lady of Victory Parish will be considered.
• Families with outstanding tuition or bills for previous school years do not qualify.
• Grants cannot be given for Pre-Kindergarten tuition.
• If approved for assistance, families may be required to increase Volunteer Hours.

Flame the Future Society

The Flame the Future Society is a group of parishioners and non-parishioners, OLV alums, the parents and grandparents of OLV alums, and community business people, who all support the efforts of parents to send their children to OLV.  The Society's single objective is to provide vitally needed tuition grants to families with children enrolled in OLV School and those who wish to attend.  Members of the OLV Flame the Future Society will provide a grant to a family experiencing financial hardship, thus removing at least one barrier to an exceptional education at OLV.  The Society uses PSAS (Private School Aid Service) for the application process.  The following are specifics in regards to Flame the Future Society:

• Contributing parishioner families will be considered.
• Grants cannot be given for Pre-Kindergarten and Eighth Grade tuition.

Mrs. Rice Scholarship Fund

The Mrs. Rice Scholarship Fund has been established as a memorial to Josephine Rice, who was a parishioner for 40 years and who protected the students of Our Lady of Victory School as a School Crossing Guard for 25 of those years.  The scholarship is to assist any child, who is already enrolled in OLV School, to continue his or her education in the event catastrophic family circumstances would otherwise prevent the child from doing so.  Should this happen in a family, they should feel free to explain the circumstances to the Pastor or Principal.