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CC - Item 2B - "Fund a Dream" Rosemead Scholarship Program " Fund 110 Fund a Dream " Rosemead Scholarship Program " Fund a Dream" Scholarship Program This scholarship program will give youth an opportunity to participate in recreational classes and activities at a reduced fee. The program is designed to help those families with low and moderate-income. The Fund a Dream Program will be supported through contributions from local businesses, community organizations, and individuals. Who can apply? Families who live within the Rosemead city limits are eligible to apply for a scholarship for any of their children who are 17 and under. Proof of yearly income must be submitted to determine if the family's income meets the Department of Housing and Development (HUD) guidelines for low and moderate income. ROSEMEAD lul,itim.ill \iierii.1 3 What percentage of fees does the scholarship pay? Each eligible family (household) may receive up to $150 per year. Class/activity fees will be reduced by 25%, 50%, or 75% depending on household income and the number of people in the family (household). The remainder of the class/activity fee must be paid by the applicant at the time of registration. Class material fees are not covered by this program. These fees must be paid to the instructor at the first meeting. 4 ,x�, Application Process • Complete the application. Families who foster a child or children are able to apply for each child separately. They will be considered a household of one. • Families will review the "Verification of Financial Eligibility" to determine the proof of income that they will need to submit with their application. • Photocopies of all financial documents are required. Incomplete applications (i.e., documents verifying their financial status are missing), will be returned with guidance from Department staff. All information provided will be kept confidential. • All applications/photocopies of financial documents should be submitted at least two weeks before registration deadlines, or if no deadlines are indicated, at least two weeks before the first meeting date of a class/activity. This will allow time for processing of their application. ww 5 Y.� Verification of Financial Eligibility for Fund a Dream Scholarship Application • Annual income is the anticipated total Social Security or Last two consecutive Supplemental Security income that will be received by all paycheck stubs for all Income household members (all related, or employment Retirement Income non-related, individuals who are sharing living expenses: rent, food, clothes, utility bills, medical expenses, If self-employed: Most Family Support recent Federal Tax etc.) for the 12-month period following Income Return the date of your application. Proof of Huo income includes, but is not limited to, photocopies of any of the following Unemployment insurance Other forms of proof of benefits, worker's documents that apply to your income may be accepted compensation, or household: y in special circumstances disability income ` ra ••' Where do we go from here? • Finalize program application and guidelines. • Launch a fundraising campaign with local businesses and community organizations. ' • Advertise program. • Accept applications for Summer 2021. { r-3 , '.11 4. 1 1cdp 111/ I l'hi‘ QuestiovIs L.---, , --,i 8