Financial Aid Eligibility

To be eligible for financial aid from Parents Challenge, you must be a resident of El Paso County, Colorado and meet federal income guidelines based on your total family income and the number of people in your household. These levels are the same ones used to determine eligibility for Free and Reduced Price Lunches by schools and are summarized below:

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Two people

$29,471

Three People Icon

Three people

$37,167

Four People Icon

Four people

$44,863

Five People Icon

Five people

$52,559

Six People Icon

Six people

$60,255

More than 6: Add $7,696 for each additional person

Verifying Eligibility – When requested, please submit a copy of your federal income tax return and verify the number of people in your household and your income.

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Financial aid recipients are required to attend all scheduled Parents Challenge Meetings throughout the year and must commit to active participation in their child’s education. Before you are approved, you must attend an orientation meeting to learn more about our program. Parents are required to volunteer at least 10 hours per semester.

You are welcome to attend Parent Advocacy Sessions at any time.

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Parents Challenge offers financial aid for students whose families meet federal eligibility requirements and who choose private, public (traditional), public (charter) or home schooling.

For those choosing private school:

Scholarships (up to $2,000) are paid directly to the private school of your choice as partial payment for annual tuition. Payment plans are negotiated with the school upon confirmation that your student has been accepted for enrollment. Parent(s) are responsible for the remainder of the tuition and any other fees, materials, and transportation that may be required for enrollment in the private school. Checks are issued to the school with the parent verifying acceptance of scholarship.

For those choosing traditional public, charter public, or home schooling:

Grants of up to $1,000 can be used for a variety of academic enhancement programs (such as tutoring, online programs, computers, academic software programs, etc.) or for education-related expenses (such as required uniforms or transportation). These grants can also be used for extracurricular materials or other home schooling expenses (approved by the Parents Challenge Staff). Approval of grants by Parents Challenge staff requires that the parents first fill out an Academic Enhancement Plan (AEP) for each child they are requesting a grant for. The annual grant may be apportioned as the parents see fit during the entire year. Grants are paid to the parent(s) provided the expenditure is authorized in advance AND receipts are submitted to Parents Challenge for acknowledgement of expenditure.

Limits

Because Parents Challenge seeks to help as many families as possible,
each family may receive scholarships or grants for only two students in any given year.

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Renewing your financial aid

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Involvement requirements

Eligible Parents Challenge parents must re-apply each year to renew scholarships or grants. The renewal process will occur during the months of April (packets will be sent at the beginning of March for verification). Parents Challenge parents will be required to:

· Re-verify their income, number in household
and residency

· Confirm financial status with attending school

· Confirm student’s performance at overall
“C” grade or better

· Affirm their participation in the empowerment process

· Current families must have met the prior year requirements before their application is finalized for the next school year

There are a number of things that we require of our Parents Challenge program parents. Please review these requirements before applying:

· I will maintain a current email for contact with Parents Challenge

· I will attend the required parent sessions during the school year

· I will volunteer at least 10 hours per semester at my school of choice

· I will submit the required parent commitment report on time

If you do not agree to these requirements, your financial aid request will not be considered. You are welcome to attend parent advocacy sessions at any time.