Vanguard College Preparatory School Financial Aid Information
Vanguard College Preparatory School offers tuition assistance to assist Waco and Central Texas families who otherwise would not be able to meet school costs. This is in keeping with our desire to maintain a diverse student body with high academic potential.
The purpose of tuition assistance is to enhance the student body of Vanguard College Preparatory School. The school attracts and retains deserving and talented children whose families qualify for such assistance. The admission decision is based solely on each student’s academic and personal qualities independent of the family’s ability to meet the cost of a Vanguard education. Thus, admission to Vanguard and the awarding of financial aid are two separate decisions.
The first step in applying for Financial Aid is to apply for admission. Please complete the Admission Application online in the Admissions Application section of the website.
Requirements for Financial AidTo receive aid for the first time, a student must be accepted for admission to Vanguard College Preparatory School. Parents are asked to complete the online application and take our entrance exam. This holds the student’s place while financial aid awards are being processed. In addition, the student must exhibit exemplary citizenship and a positive classroom attitude reflected by good grades. The student must also have actively participated in the life of the school community. Finally, the Parents’ Financial Statement must show demonstrated financial need. To receive aid in subsequent years, the student must continue to meet the above requirements and parents must submit to Facts each year.
Divorced ParentsBecause financial aid is based on a family’s ability to meet the cost of an education at Vanguard, a family will be defined as consisting of both natural parents of the applicant, any step-parent, plus any children from the original marriage along with any children produced by the current marriage. The school will not be bound by the assertion of one parent, including a divorce decree, that he/she is not responsible legally or otherwise for educational expenses. Thus, both parents must provide the information that is requested on the Parents’ Financial Statement that is filed each year with the School and Student Services. If this information is not available at the time the application is evaluated, it may cause an arbitrary assessment of financial need to be made by the school. This may result in a lesser award or no award at all.
Visit FACTS Management Co. to create a new user account and fill out the online form.
Once an online application has been completed, the following information will need to be sent to FACTS to complete the application process:
• Copies of your most recent Federal tax forms including all supporting tax schedules.
• Copies of your 2015 or 2016 W-2 forms for both you and your spouse.
• Copies of supporting documentation for Social Security Income, Welfare, Child Support, Food Stamps, Workers’ Compensation, and TANF.
All supporting documentation can be uploaded in pdf format online. Documentation can also be faxed to 1-866-315-9264 or mailed to the address below. Please be sure to include the applicant ID on all faxed or mailed correspondence.
FACTS Grant & Aid Assessment
P.O. Box 82524
Lincoln, NE 68501-2524
There will be a $30 nonrefundable application fee assessed by FACT Management Co. for processing your Tuition Assistance information.