This Our Lady of Hungary Scholarship Fund Report p rovides the amount distributed to students for the school year 2006-2007 as well as amounts provided in previous years. This report also explains the history of the fund, reasons it was started and, who serves on the committee.

In 1993 Our Lady of Hungary was faced with serious financial conditions and a decrease in school enrollment. An advisory committee was set up to consider a merge with another parish or increase the number of students attending our school. This committee was set up at the direction of the pastor to look into these problems and identify the alternatives to consider. The final report was given to the parish members on the decisions made in 1993. The report was sent through the pastor to the bishop.

One of the outstanding themes that the committee kept returning to was that this parish wanted its own identity as the report showed. Thus several actions were formulated as follows:

1. Increase awareness of Our Lady of Hungary in the local area “marketing” our school.

2. Increase tuition in small increments, maintaining our attractiveness to all local citizens.

3. Increase voluntary and financial support by all parish members through a scholarship fund to support educational excellence in grades 5 and 6 where we found a large number of students transferring to public schools after receiving Confirmation. This would also enhance a more cohesive parish family.

4. Maintain the religious environment and sound educational principles Our Lady of Hungary School has always provided for our community.

The first two recommendations had already been initiated. But now our efforts were to focus on increasing the financial support by all parish members through the introduction of a tuition scholarship as outlined below.

Purpose:
To establish a mechanism of supporting scholastic excellence.

Administration:
Parish Pastor School Principal, Five (5) Members of the scholarship supporters*

Initial Objective:
1. To support students who maintained scholastic excellence during the fifth and sixth grade levels.
2. Funds will be applied to the student’s tuition the year following achieving scholastic excellence.
3. Funds can only be used for Our Lady of Hungary School tuition

Initial Distribution:
1. Provide up to eight (80) percent of the following year’s tuition to all fifth and sixth grade students who maintained an “A” average.
2. Provide up to forty (40) percent to the following year’s tuition to all fifth and sixth grade students who maintained a “B” average.

Note:
The student base was later changed to include fifth, sixth and seventh grade students and applied to their sixth, seventh and eight grade year.

Over the years we have distributed the following amounts:

1994 - $2,020.00
1995 - $3,373.00
1996 - $3,500.00
1997 - $4,555.00
1998 - $5,510.00
1999 - $6,980.00
2000 - $4,466.00
2001 - $5,080.00
2002 - $4,628.00
2003 - $4,138.00
2004 - $6,300.00
2005 - $5,587.00
2006 - $7,090.00

Thanks to all who have made it possible and may God bless you for your generosity. Please continue to support this worthy program.

*After reviewing this report with our pastor Fr. Lawrence, it was decided that appointment to the scholarship committee will be at the discretion of the pastor. If you are interested in serving on this committee please submit your name to the rectory to the attention of  “Scholarship Committee".

   


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