Christ the King Jesuit College Prep established the Family Assistance Fund to provide financial relief to school families facing temporary economic hardship. The Fund is designed to keep students in school by relieving families of the difficult choice of addressing financial emergency versus paying tuition. Consistent with CTK's mission, the fund makes a high quality education accessible to all eligible students regardless of their family's financial circumstances.
Based on past years, we anticipate that approximately 20% of our families and 10-15 alumni will seek assistance during this school year, totaling $85,000.
The root causes of financial hardship exist everywhere, but are more common and acute in the neighborhoods that CTK serves. Examples include:
When our families seek financial assistance it can be for a variety of immediate basic needs, the most prevalent being:
Data from the Cristo Rey Network indicates that financial hardship often prohibits students from graduating college. Some funds from the Family Assistance Fund will be used to promote college completion.
The Family Assistance Fund helps keep CTK students in school when families experience financial emergencies. See information on the neighborhoods that CTK serves below.
Since CTK opened its doors in 2008, generous donors have contributed more than $375,000 to keep our students in school while their families weather financial crises. About 20% of our students’ families experience some form of severe financial distress each year.
In the first five months of 2019-2020, your generosity provided $38,213 in family assistance. We project that CTK families will need at least $48,000 more during the remainder of the school year