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Futures in Education Partners with Children’s Scholarship Fund to Provide Scholarships for Low-Income Children through the Bishop’s Scholarship Program

Futures in Education Foundation and Children’s Scholarship Fund (CSF) are teaming up to open the doors of Catholic schools in Brooklyn and Queens to over 600 new students through the newly launched Bishop’s Scholarship Program. Spurred by the financial crisis facing many schools and the reality that a sound education remains out of reach for many families because of the high cost of tuition, all funds raised by Futures up to $600,000 a year will be matched by CSF on a 1:2 basis.   

Futures must raise $600,000 a year for four years, which CSF will match with a grant of $300,000 each year. If the full amount is raised, the Bishop’s Scholarship Program will provide partial scholarships for over 600 new, low-income children to attend Catholic school, with every dollar raised earmarked for tuition assistance.  Because of CSF’s challenge grant, a donation of $100 to Futures would be worth $150 and a $10,000 contribution becomes $15,000 of scholarship money.

If Futures does do not raise the necessary funds, the matching grant opportunity is lost as is the chance to help hundreds of children who want to attend Catholic school in September but are prohibited by the cost. With the help of generous individuals, corporations and foundations, Futures can help make the dream of a sound, value-centered education a reality for many struggling families of varied backgrounds.

Many parents who want to send their children to Catholic schools simply cannot afford to pay the average annual tuition of $3,100. This economic squeeze on parents is forcing 23 schools too be closed or consolidated in June.

Terence Boyd, Executive Director of Futures in Education is thrilled by the opportunity and believes the timing could not be more perfect, “With this $300,000 matching grant from the Children's Scholarship Fund, we have the opportunity to send more than 600 new children to our schools next year. With the help of generous individuals and the  business community, we can reach our goal of $600,000 and meet the demands of hundreds of low-income families in Brooklyn and Queens who desperately want their children to go to a these schools. If there was ever a time to show how much you believe in the Brooklyn and Queens Catholic schools, that time has come.”

If you are interested in donating to this program, click on the “Pledge” button at the bottom of this page or call Terence Boyd at (718) 965-7340.  For information on eligibility for Bishop’s Scholarship Program assistance and how to apply, CSF website: http://www.scholarshipfund.org/