A Scholarship is a form of financial aid given to a student to help pay for their education in all or part.
A scholarship is a gift; based upon financial need, ones merit or both. Financial support comes in a variety of ways to Bishop McDevitt. Tuition scholarship savings accounts are for those not interested in endowments, but are interested in providing resources to our students.
This scholarship fund has been established to assist families in providing a Catholic education for their children. This new fund has been named in honor of St. Therese of Lisieux, a young saint in late 19thcentury France. She joined a Carmelite convent at the age of 15 and is internationally known for her “little way.” She is quoted as saying:
“Love proves itself by deeds, so how am I to show my love? Great deeds are forbidden me. The only way I can prove my love is by scattering flowers and these flowers are every little sacrifice, every glance and word, and the doing of the least actions for love.”
The families that receive financial aid for their current and future students already make huge sacrifices to provide a quality Catholic education for their children. In the spirit of St. Therese, we ask that you consider making a small sacrifice to help these students so they can benefit from the same education and faith that inspired St. Therese to become a Saint and Doctor of the Church. You can help support Bishop McDevitt’s mission of a quality, Catholic education sending in your donations marked “Little Flower Fund” to the school at 1 Crusader Way, Harrisburg PA 17111.
In May 2011, Governor Tom Ridge and the Pennsylvania General Assembly passed the Educational Improvement Tax Credit Program (EITC), as a way for businesses to direct funds that would otherwise go to state taxes towards the private education of Pennsylvania students. A business may receive tax credits equal to 75% of its contribution up to a maximum of $750,000 per taxable year; however, it can be increased to 90% of the contribution, if the business agrees to provide the same amount for two consecutive tax years.
Very late on the evening of June 30, 2012, Governor Tom Corbett signed into law the Opportunity Scholarship Tax Credit Program (EITC 2) making $50 million in tax credits available to businesses that contribute to approved opportunity scholarship organizations.
Students, who live within the attendance boundaries of a low-achieving school, as determined by the Pennsylvania Department of Education, are eligible to receive a scholarship if their household annual income is no greater than $75,000 plus $15,000 for each dependent member of the household. Parents/students must apply through an approved Opportunity Scholarship Organization (OSO). Families wishing to apply for this full scholarship to attend Bishop McDevitt for the 2015-2016 school year may receive their applications in February 2015 from the Admissions Office at the school. Bishop McDevitt is anapproved OSO under the name Neumann Scholarship Foundation–Opportunity Scholarships.
All Businesses authorized to participate in Pennsylvania and are subject to one or more of the following taxes may participate : Corporate Net Income Tax; Capital Stock Franchise Tax, Bank and Trust Company Shares Tax; Title Insurance Companies Shares Tax; Insurance Premiums Tax; Mutual Thrift Institution Tax; or Personal Income Tax of S corporation shareholders or Partnership partners.
If a business pays one or more of these taxes you may qualify for participation in the EITC/OSTC programs. There is currently $20 million still available to be utilized for OSTC this fiscal year. The application process is simple. A business submits a one-page application Online to the Department of Economic and Community Development (DCED). After approval, a check is sent to the Neumann Scholarship Foundation at the Diocese of Harrisburg restricting the money to the school(s) of choice.
We are very happy to report that we have been successful in securing funds for this program for next school year from some very generous alumni and friends who are business owners. We are truly grateful to these generous businesses who have partnered with us for this program. Of course, we can always use more funds to help our families.
Businesses who would like to learn more about this program may contact The Office of Advancement at email@example.com or at 717-236-7973 ext 2133.
We have been blessed by several people who have contacted our office to establish Named Scholarships. The amount of money awarded varies depending on the decision of the family or donor setting up the named scholarship. Most of the named scholarships that have been established this year have required students to write an essay and to meet minimum GPA standards, be involved in extra-curricular activities and then answer a question in the essay. Students have written the essays, and then we have mailed the essays to the family for them to select the “winner.” The “winner” receives the scholarship and the money is deducted directly from his/her current year’s tuition.
To learn more about establishing a Named Scholarship for Bishop McDevitt High School or to make a gift to a current scholarship, please contact The Office of Advancementat 717-236-7973 ext 2133 or firstname.lastname@example.org.