Families are eligible for financial aid if their income is under $110,000 per year. (See chart below.) One of Global Visionaries' (GV) goals is to make our programs available to all who are interested, regardless of financial resources. Thus, we base the fee for the program on a sliding scale. Participants and their families help determine what they can afford to pay. Each year since 2002 when Global Visionaries became a non-profit corporation, GV has been able to increase the amount we allocate to Financial Aids, thanks to the generous support we receive from our community.

Participant Fee for families requesting Financial Aid:

Fee is determined on a sliding scale based on family income. Financial Aids provided to 50% of all participants. To determine Financial Aid amount, families must fill out a financial aid application (part of the application) and participate in a financial interview. Cost of passport, inoculations are taken into account when determining the Financial Aid amount. Depending on the family's income, a participant's fee can range from the minimum of $360 (includes total program/trip cost and cost of round trip airfare) to the maximum of $3,395* (*includes total program/trip cost and cost of round trip [approx. $850]).. Price is all inclusive. Student need only pay for optional snacks and tips (tips total $26), and money travel belt ($14).

Participant Fee for families NOT requesting Financial Aid:

Participant Fee is: $2,990* (*plus Round Trip airfare to Guatemala [approx. $850]). Price is all inclusive. The student need only pay for passport fees, inoculations, extra spending money for gifts, optional snacks, and tips (tips total $26), and money travel belt ($14).

Deposit

$50 for families requesting financial assistance / $450 for families not requesting financial assistance. Due Oct. 18 to hold space. Receive a $50 early bird discount by submitting full application/deposit by Oct. 12. Once student is accepted into program, deposit is non-refundable. If student is not accepted, deposit is refunded.

Fundraising required of all participants.

How to apply for Financial Aid

1. Fill out the Financial Aid Request included in the program application. Apply Now.
2. Submit a request with a copy of your most recent 1040 tax form and the rest of the application materials.
3. Must attend only one of the following Financial Aid Interview Nights:
   
   

   Financial Aid Night #1	Financial Aid Night #2
   Wednesday, October 12, 2011 7:00-9:00 p.m. Global Visionaries 2524 16th Ave S. Seattle, WA 98144	Wednesday, October 19, 2011 7:00-9:00 p.m. Global Visionaries 2524 16th Ave S. Seattle, WA 98144

   
   
4. Participate in the Financial Interview. During this interview, you will meet with a GV representative to determine:
   • Amount parents/guardians will contribute
   • Amount student will fundraise
   • Amount of Financial Aid
5. You will receive a payment plan for the year with your financial agreement.

To Keep In Mind

1. GV has allocated $118,000 in Financial Aids to reduce program fees for families this year.
2. Participant Fees. Participant Fees are the cost for you to participate in the program. We calculate the cost of airfare, passport, and inoculations as part of your Participant Fees.
   
3. Participant Fees include both the parent contribution and the student fundraising. GV expects each family to pull its weight in seeking outside financial help. This enables more families to receive Financial Aids. All students are expected to fundraise to offset the cost of the Participant Fees.
4. The parent/guardian contribution and the student fundraising expectation vary according to the family's situation. You will have the opportunity to discuss what you can pay/fundraise during your financial interview.
5. Project Fund. Students are also required to raise money for the Project Fund, which is the money to carry out service projects in Guatemala (build schools, plant forests, etc.). Each student is required to raise between $100 - $750 for the Project Fund ($450 being the average among all students).
6. GV Financial Aid. GV bases the Financial Aid on family income, number of dependents, and fundraising capacity. The table below gives a range of Financial Aid amounts.




Family Income	Financial Aid Range	Program Fees Range
$0 - $15,000	$2,060 - $3,445	$395 - $1,780
$15,001 - $20,000	$1,770 - $2,895	$945 - $2,070
$20,001 - $30,000	$1,520 - $2,695	$1,145 - $2,320
$30,001 - $40,000	$1,120 - $2,345	$1,495 - $2,720
$40,001 - $50,000	$920 - $1,695	$2,145 - $2,920
$50,001 - $60,000	$620 - $1,345	$2,495 - $3,220
$60,001 - $70,000	$100 - $1045	$2,795 - $3,740
$70,001 - $80,000	$270 - $945	$2,895 - $3570
$80,001 - $90,000	$200 - $845	$2,995 - $3,640
$90,001 - $100,000	$0 - $695	$3,145 - $3,840
$100,001 - $110,000	$0 - $445	$3,395 - $3,840

GV Financial Aid + Participant Fees (parent contribution/student fundraising) + Project Fund = Total Program Cost

You can begin the Financial Aid process by thinking about the following questions.

1. Is the student eligible for free or reduced lunch? Yes ________ No __________
2. How much money of the total program cost can you and your family provide? $____________________ (See The trip web page for program fees.)
3. How much financial assistance will you be requesting? $____________________________
4. Passport/inoculations may cost an additional $100-300. Do you need assistance with these costs? ___________
5. How many hours of fundraising per week can you dedicate towards this program?_______ hours / week.
6. Total Family Income (both spouses) reported to the IRS in last tax year : $____________________
7. Number of children/ dependents __________
8. You will need to submit a copy of your latest tax return if you have it (for both spouses if filling separately)