Scholarships


Applying for Financial Aid
Faith Academy is pleased to offer needs-based financial assistance to qualifying families via the Faith Academy Scholarship Fund.  Applicants who have begun the enrollment process by attending an Information Meeting and completing an on-line application are eligible to apply for financial assistance.

An on-line application with FACTS, an independent third party assessment firm, is the first step in obtaining financial aid.  FACTS takes your financial data and assesses need based upon proposed tuition costs and available income/assets.  Applying a formula that considers expenses as well as income, FACTS will make a recommendation that a percentage of tuition be offset by financial assistance.  The percentage of tuition covered by scholarship will vary from family to family depending upon need as assessed by FACTS.

Scholarships apply only toward the cost of tuition and do not cover any one-time or recurring fees.

Scholarship funds are first come, first serve.

 

Donating to the Scholarship Fund
Faith Academy is blessed to have extended family and friends give to the scholarship fund at our school.  All proceeds go to help offset the tuition expenses of families with a confirmed need for financial assistance.  It is our goal to have the scholarship fund represent the school’s tithe to the Lord, allowing 10% or more of our students to attend the school while receiving financial aid.   We thank God for his faithfulness and provision for the families in the Hill Country area.

Donations to the Scholarship Fund are tax deductible as a charitable contribution.  Donations of any amount are accepted and appreciated.  The approximate cost for one student (high school) to attend Faith Academy for one year is $6,650 (not including athletics).

Donations may be mailed to:

Faith Academy of Marble Falls

P.O. Box 1240

Marble Falls, TX 78654

Faith Academy welcomes online donations. Click HERE to learn more about giving online.

In partnership with the National Christian Foundation (NCF), Faith Academy has opened Single Charity Funds in order to receive gifts such as cash, one-time or recurring credit card and e-checks, and mutual funds.  Supporters may also donate appreciated public securities which are optimized from a capital gains tax savings point of view, as well as by the donor making a charitable deduction for the gross amount against ordinary income.  The supporter effectively donates money to charity that would otherwise go to the government in taxes if the stock was first sold.  NCF handles all the administration of the Funds. All donations are tax-deductible as permitted by law.  National Christian Charitable Foundation, Inc.’s Tax ID is: 58-1493949.

Please contact the school’s Development Director, Donna Wilcox at 830-798-1333 or development@famf.org if you would like more information about how you can support the work of Faith Academy!