The Arcturus Rudolf Steiner Education Program hereby creates the Magda Lissau, Ron Richardson, and Rose Edwards Student Tuition Assistance Fund. The Fund provides grants, in the form of tuition remission, to students in economic need, as defined below. Grants from the Fund will be applied against the cost of tuition for the terms in the regular ten-month academic year, and are not available for other costs such as books, supplies, registration fees or Summer Intensive. Grants from the Fund will be applied to the last payment(s) if the student is under a ten-month Installment Plan, or to the last payment if paying by term. Loans from the Fund are not available.
B. Student Eligibility
Grants from the Fund are available to: (a) full-time registered students; (b) whose household income is equal to or less than 250% of the federal poverty guidelines, as published and adjusted annually by the U.S. Department of Health and Human Services. Eligibility does not mandate, guarantee, or entitle the applicant or student to an award or, where made, to any minimum amount.
C. Maximum Award
Applicant’s whose household income at or below 150% of the federal poverty guideline may be awarded an amount not greater than ninety percent (90%) of the applicant’s annual tuition. Applicant’s whose household income is greater than 150% and below 200% of the federal poverty guideline may be awarded an amount not greater than seventy percent (70%) of applicant’s annual tuition. Applicant’s whose household income is greater than 200% and below 250% of the federal poverty guideline may be awarded an amount not greater than fifty percent (50%) of the applicant’s annual tuition.
D. Application and Renewal Process and Deadlines
Returning and new Students may apply for assistance by submitting a completed application to the Arcturus Administrator, on a form provided by Arcturus, together with any and all requested supportive materials. To be considered, completed applications and supportive materials must be RECEIVED on or before the 15th day of June. The Tuition Assistance Committee shall make a decision before July 15th and shall promptly notify the applicant.
Students desiring ongoing assistance, for terms subsequent to the initial award, shall apply for renewal on or before the 15th day of June. The student shall demonstrate continuing eligibility in the same manner as the original application. If eligible, then the Committee will, in its sole discretion, determine the amount of such subsequent award and shall make such determination on or before the 15th day of July.
The decision to make or renew awards and the amount of such awards, where made, is within the sole discretion of the Tuition Assistance Committee. The Committee consists of two members of the Core Group and two members of the Board of Trustees. The Committee may make awards only from funds budgeted and available for the purpose by the Board of Trustees. No award will exceed the applicant’s maximum eligibility.
The Committee may, at any time and within its sole discretion, revoke, cancel, or discontinue assistance for good cause (such as the student’s mal-attendance or mal-participation, or a lack of available funds), upon fourteen (14) day notice to the effected student.
If the student withdraws from the Arcturus Teacher Education Program at any moment during the academic year, the scholarship will be forfeited.
If the student awarded fails to maintain his/her tuition payments on time the award may be revoked.