THUNDER UNITED METRO FUTBOL CLUB FINANCIAL ...
THUNDER UNITED METRO FUTBOL CLUB FINANCIAL ASSISTANCE PROGRAM FINANCIAL ASSISTANCE GUIDELINES
Eligibility To be eligible for financial assistance, all applicants and their parents must complete and sign the TUMFC Financial Assistance Agreement which requires, among other things, that the recipient and their family agree to participate in club events and volunteer for a specific number of hours for the club. The number of required volunteer hours based on 1 hour per $50 awarded. These hours are in addition to required team volunteer hours. Should the parents or recipients not complete their part of this agreement, TUMFC reserves the right to revoke the financial assistance, deny future financial assistance or remove playing and training privileges. Financial Assistance Application must be submitted for each season. However, there is no guarantee your application will be approved. There is a $1000 Cap per family for the entire calendar year from (1 Aug – 31 Jul). Each player receiving financial assistance must demonstrate dedication to TUMFC through consistent attendance at team practices and games.
Financial Assistance Committee The Financial Assistance Committee shall consist of five (3) members appointed by the Thunder United Metro Soccer Club Board of Directors. The Club President shall appoint this Committee no later than the July general meeting. The Committee Member shall have a term of one (1) year (August 1 to July 31). The Committee shall vote on approval or denial of each application. A Committee Member must remove themselves from the vote if they have a relative, family member, or player from their team applying for financial assistance.
Financial Assistance Criteria Financial Assistance will be awarded based on qualification criteria set by the Committee which is subject to change at any time without notification. Qualification criteria will generally track published Federal poverty guidelines based on gross monthly income and family size. It may include other criteria as determined by the Committee such as the Warren County guidelines for the free and reduced lunch program and the number of children in the family. Qualification will be based on a sliding scale set by the Committee using the qualification criteria. Awards will be determined by the applicant’s level of qualification, the number of qualified applications, and the amount of funds available. Financial Assistance is based on financial need only and not on playing ability. Income Verification TUMFC Financial Assistance Committee reserves the right to ask for verification of income and net worth. This may include, but not limited to, copies of paystubs, copies of tax returns, and copies of bank/investment statements.
Financial Assistance Accounting TUMFC will keep all donations designated for the Financial Assistance Program and Scholarship Program in a separate checking account and will maintain a line-item accounting entry in its financial statements for funds available and disbursements made.
Estimating Funds Needed TUMFC teams will be required to set an estimated budget based on the team’s plan for the season. This will allow the team to estimate the amount due from each player to cover the season expenses. A copy of this budget must be provided to the Financial Assistance Committee. See the attached example. Notification of Approval or Denial for Financial Assistance If the application for financial assistance is approved, the Club Treasurer will be informed to disburse funds to the individual team, player club account, or reimburse the family directly once the approval form has been signed by all parties. The family, head coach, and team administrator will be notified by the Financial Assistance Committee to reduce the player season fees by that amount. If the application is denied, the family will be contacted directly by the Committee. If a player joins a team outside of the normal seasonal registration process, the Financial Assistance Committee may review the request on an ad hoc basis. Items not covered by Financial Assistance 1) Team Fees 2) Uniform expenses 3) Travel expenses (Hotel, gas, mileage, car rental, etc) 4) Equipment
Instructions for Submitting Application 1) Complete entire financial assistance form 2) Submit the last 3 check stubs (from all sources) for income verification 3) Attach copy of team budget for the season
All applications must be post marked by Jul 1st for the fall season and Dec 31st for the spring season. Mail to: Mike Daniels ATTN: Financial Assistance Program 6449 Hampshire Trail Liberty Township OH 45044
E-mail: [email protected]
FINANCIAL ASSISTANCE APPLICATION AND AGREEMENT
This form is to be completed by a parent or guardian. All information must be completed in order for this application to be considered. All information is confidential and will be reviewed only by the Financial Assistance Committee members.
Fall 20____
Spring 20_____
1) Player’s Name:___________________________
DOB:__________
Age:_________
2) Player’s Age Division & Team Color:_________________ 3) Player’s Coach Name:___________________
Coach Email:____________________________
4) Number of Years that Player has been with TUMFC:____________________________________ 5) Address:_______________________________ City:____________ State:______ Zip:________ 6) Phone Number:_________________
Email Address:_________________________________
7) Name of Parent (s):______________________________________________________________ 8) Gross Monthly Income (before taxes) from all sources: Salary (both parents): Interest/Dividends: Child Support/Alimony: Trust Income: Other:
______________ ______________ ______________ ______________ ______________
9) How many people live in the household and are dependent upon this income?_______________ 10) What is the family/parents net worth? ______________________________ 11) Does this player have any siblings playing select soccer with TUMFC? Yes No Name & Team:__________________________________________________________________ Name & Team:__________________________________________________________________ Name & Team:__________________________________________________________________
12) Does this player have any siblings playing select sports at another club? Yes No If yes, what sport?_____________________________________________ Name of Club:________________________________________________ What are fees at this club?_____________________________ Did you apply for assistance there? Yes No If yes, was it approved? Yes No If it was approved, what dollar amount did you receive?_____________________________ 13) How much do you feel like you can afford to pay for your child to play select soccer? Club and Training Fees for your age division: +Coaching Fee
$_____________________ $_____________________
TOTAL
$_____________________
Subtract the amount you can pay:
= Amount of Financial Assistance Requested:
$_____________________
$_____________________
14) Is this a one-time request or will it be recurring?______________
15) Did you receive FA last season? If so how much? $_____________________
16) Please state the reasons for your request for financial assistance. Be sure to include any special circumstances that may not be reflected in this application. ___________________________________________________________________________________________ ___________________________________________________________________________________________ ___________________________________________________________________________________________ ___________________________________________________________________________________________ 17) What volunteer duties are you willing to assume for the club? (check all that apply) Fundraising Assist at Tryouts/Registration Tournament Committee Member Camps or Clinics Tournament Weekend Volunteer Uniform Coordinator Team Manager Winter Conditioning Program Field Prep Other
I understand that parent participation in fundraising and volunteering for club duties is mandatory. These required volunteer hours are in addition to any team volunteer hour requirements. I understand that I will be responsible for all other expenses/fees not covered by financial aid and the balance due will be paid immediately. I affirm that I have read and understand the TUMFC Financial Assistance Guidelines. I affirm that all the information given on this application is true and correct. The Financial Assistance Committee reserves the right to contact you for additional information or documentation if deemed necessary.
**PLEASE ATTACH A COPY OF THE TEAM’S BUDGET FOR THE SEASON APPLYING FOR FINANCIAL ASSISTANCE. This can be obtained from the head coach or team administrator.** _______________________________________________ Player’s parent or guardian signature (Father)
________________________________________________ Player’s parent or guardian signature (Mother)
___________________ Date
___________________ Date
DO NOT WRITE IN THIS SPACE – TUMFC FINANCIAL ASSITANCE COMMITTEE USE ONLY
Date Application Received:_______________________
Request Approved
Date:___________________
TUMFC Club Fee & Coaching Fee
$________________
- Assistance Granted
$________________
TOTAL
=Required Payment to Club
=Required Payment to Team
$________________
$________________
$________________
Number of Volunteer Hours Required: _________________ (1 hour per $50 awarded) Volunteer Hours must be completed by: __________________*
*Parents will be contacted by Club Admin as volunteer hours become available. Date Check Issued:__________ Check #:________________
Request Denied
Payable to:______________________
Date:____________________
Reason:____________________________________________________________________________________________ __________________________________________________________________________________________________ ___________________________________ TUMFC Financial Asst Committee Member
___________________ Date
________________________________ Printed Name
___________________________________ TUMFC Financial Asst Committee Member
___________________ Date
________________________________ Printed Name
___________________________________ TUMFC Financial Asst Committee Member
___________________ Date
________________________________ Printed Name
__________________________________ Parent Signature
___________________ Date
________________________________ Printed Name
__________________________________ Parent Signature
___________________ Date
________________________________ Printed Name
TEAM BUDGET SAMPLE BUDGET - U11
FALL BUDGET AMOUNT $272.00 $250.00 $425.00 $400.00 $0.00 $0.00 $100.00 $600.00 $0.00
SPRING BUDGET AMOUNT $272.00 $0.00 $0.00 $0.00 $450.00 $500.00 $0.00 $0.00 $0.00
$2,047.00
$1,222.00
11
11
Price per player
$186.09
$111.09
Due from each player
$200.00
$115.00
TUMFC Club Fees
$295.00
$295.00
GRAND TOTAL
$495.00
$410.00
ITEM Referee Fees - 8 games Tournament: Thunder Tournament Tournament: Mid-Fest Soccer Classic Tournament: Adidas Warrior Fall Classic Tournament: Cincinnati West Tournament: Creek Classic Equipment: Bench Winter Indoor Soccer League Winter Indoor Training/Field Rental TOTAL Number of Girls on Team
Eligibility To be eligible for financial assistance, all applicants and their parents must complete and sign the TUMFC Financial Assistance Agreement which requires, among other things, that the recipient and their family agree to participate in club events and volunteer for a specific number of hours for the club. The number of required volunteer hours based on 1 hour per $50 awarded. These hours are in addition to required team volunteer hours. Should the parents or recipients not complete their part of this agreement, TUMFC reserves the right to revoke the financial assistance, deny future financial assistance or remove playing and training privileges. Financial Assistance Application must be submitted for each season. However, there is no guarantee your application will be approved. There is a $1000 Cap per family for the entire calendar year from (1 Aug – 31 Jul). Each player receiving financial assistance must demonstrate dedication to TUMFC through consistent attendance at team practices and games.
Financial Assistance Committee The Financial Assistance Committee shall consist of five (3) members appointed by the Thunder United Metro Soccer Club Board of Directors. The Club President shall appoint this Committee no later than the July general meeting. The Committee Member shall have a term of one (1) year (August 1 to July 31). The Committee shall vote on approval or denial of each application. A Committee Member must remove themselves from the vote if they have a relative, family member, or player from their team applying for financial assistance.
Financial Assistance Criteria Financial Assistance will be awarded based on qualification criteria set by the Committee which is subject to change at any time without notification. Qualification criteria will generally track published Federal poverty guidelines based on gross monthly income and family size. It may include other criteria as determined by the Committee such as the Warren County guidelines for the free and reduced lunch program and the number of children in the family. Qualification will be based on a sliding scale set by the Committee using the qualification criteria. Awards will be determined by the applicant’s level of qualification, the number of qualified applications, and the amount of funds available. Financial Assistance is based on financial need only and not on playing ability. Income Verification TUMFC Financial Assistance Committee reserves the right to ask for verification of income and net worth. This may include, but not limited to, copies of paystubs, copies of tax returns, and copies of bank/investment statements.
Financial Assistance Accounting TUMFC will keep all donations designated for the Financial Assistance Program and Scholarship Program in a separate checking account and will maintain a line-item accounting entry in its financial statements for funds available and disbursements made.
Estimating Funds Needed TUMFC teams will be required to set an estimated budget based on the team’s plan for the season. This will allow the team to estimate the amount due from each player to cover the season expenses. A copy of this budget must be provided to the Financial Assistance Committee. See the attached example. Notification of Approval or Denial for Financial Assistance If the application for financial assistance is approved, the Club Treasurer will be informed to disburse funds to the individual team, player club account, or reimburse the family directly once the approval form has been signed by all parties. The family, head coach, and team administrator will be notified by the Financial Assistance Committee to reduce the player season fees by that amount. If the application is denied, the family will be contacted directly by the Committee. If a player joins a team outside of the normal seasonal registration process, the Financial Assistance Committee may review the request on an ad hoc basis. Items not covered by Financial Assistance 1) Team Fees 2) Uniform expenses 3) Travel expenses (Hotel, gas, mileage, car rental, etc) 4) Equipment
Instructions for Submitting Application 1) Complete entire financial assistance form 2) Submit the last 3 check stubs (from all sources) for income verification 3) Attach copy of team budget for the season
All applications must be post marked by Jul 1st for the fall season and Dec 31st for the spring season. Mail to: Mike Daniels ATTN: Financial Assistance Program 6449 Hampshire Trail Liberty Township OH 45044
E-mail: [email protected]
FINANCIAL ASSISTANCE APPLICATION AND AGREEMENT
This form is to be completed by a parent or guardian. All information must be completed in order for this application to be considered. All information is confidential and will be reviewed only by the Financial Assistance Committee members.
Fall 20____
Spring 20_____
1) Player’s Name:___________________________
DOB:__________
Age:_________
2) Player’s Age Division & Team Color:_________________ 3) Player’s Coach Name:___________________
Coach Email:____________________________
4) Number of Years that Player has been with TUMFC:____________________________________ 5) Address:_______________________________ City:____________ State:______ Zip:________ 6) Phone Number:_________________
Email Address:_________________________________
7) Name of Parent (s):______________________________________________________________ 8) Gross Monthly Income (before taxes) from all sources: Salary (both parents): Interest/Dividends: Child Support/Alimony: Trust Income: Other:
______________ ______________ ______________ ______________ ______________
9) How many people live in the household and are dependent upon this income?_______________ 10) What is the family/parents net worth? ______________________________ 11) Does this player have any siblings playing select soccer with TUMFC? Yes No Name & Team:__________________________________________________________________ Name & Team:__________________________________________________________________ Name & Team:__________________________________________________________________
12) Does this player have any siblings playing select sports at another club? Yes No If yes, what sport?_____________________________________________ Name of Club:________________________________________________ What are fees at this club?_____________________________ Did you apply for assistance there? Yes No If yes, was it approved? Yes No If it was approved, what dollar amount did you receive?_____________________________ 13) How much do you feel like you can afford to pay for your child to play select soccer? Club and Training Fees for your age division: +Coaching Fee
$_____________________ $_____________________
TOTAL
$_____________________
Subtract the amount you can pay:
= Amount of Financial Assistance Requested:
$_____________________
$_____________________
14) Is this a one-time request or will it be recurring?______________
15) Did you receive FA last season? If so how much? $_____________________
16) Please state the reasons for your request for financial assistance. Be sure to include any special circumstances that may not be reflected in this application. ___________________________________________________________________________________________ ___________________________________________________________________________________________ ___________________________________________________________________________________________ ___________________________________________________________________________________________ 17) What volunteer duties are you willing to assume for the club? (check all that apply) Fundraising Assist at Tryouts/Registration Tournament Committee Member Camps or Clinics Tournament Weekend Volunteer Uniform Coordinator Team Manager Winter Conditioning Program Field Prep Other
I understand that parent participation in fundraising and volunteering for club duties is mandatory. These required volunteer hours are in addition to any team volunteer hour requirements. I understand that I will be responsible for all other expenses/fees not covered by financial aid and the balance due will be paid immediately. I affirm that I have read and understand the TUMFC Financial Assistance Guidelines. I affirm that all the information given on this application is true and correct. The Financial Assistance Committee reserves the right to contact you for additional information or documentation if deemed necessary.
**PLEASE ATTACH A COPY OF THE TEAM’S BUDGET FOR THE SEASON APPLYING FOR FINANCIAL ASSISTANCE. This can be obtained from the head coach or team administrator.** _______________________________________________ Player’s parent or guardian signature (Father)
________________________________________________ Player’s parent or guardian signature (Mother)
___________________ Date
___________________ Date
DO NOT WRITE IN THIS SPACE – TUMFC FINANCIAL ASSITANCE COMMITTEE USE ONLY
Date Application Received:_______________________
Request Approved
Date:___________________
TUMFC Club Fee & Coaching Fee
$________________
- Assistance Granted
$________________
TOTAL
=Required Payment to Club
=Required Payment to Team
$________________
$________________
$________________
Number of Volunteer Hours Required: _________________ (1 hour per $50 awarded) Volunteer Hours must be completed by: __________________*
*Parents will be contacted by Club Admin as volunteer hours become available. Date Check Issued:__________ Check #:________________
Request Denied
Payable to:______________________
Date:____________________
Reason:____________________________________________________________________________________________ __________________________________________________________________________________________________ ___________________________________ TUMFC Financial Asst Committee Member
___________________ Date
________________________________ Printed Name
___________________________________ TUMFC Financial Asst Committee Member
___________________ Date
________________________________ Printed Name
___________________________________ TUMFC Financial Asst Committee Member
___________________ Date
________________________________ Printed Name
__________________________________ Parent Signature
___________________ Date
________________________________ Printed Name
__________________________________ Parent Signature
___________________ Date
________________________________ Printed Name
TEAM BUDGET SAMPLE BUDGET - U11
FALL BUDGET AMOUNT $272.00 $250.00 $425.00 $400.00 $0.00 $0.00 $100.00 $600.00 $0.00
SPRING BUDGET AMOUNT $272.00 $0.00 $0.00 $0.00 $450.00 $500.00 $0.00 $0.00 $0.00
$2,047.00
$1,222.00
11
11
Price per player
$186.09
$111.09
Due from each player
$200.00
$115.00
TUMFC Club Fees
$295.00
$295.00
GRAND TOTAL
$495.00
$410.00
ITEM Referee Fees - 8 games Tournament: Thunder Tournament Tournament: Mid-Fest Soccer Classic Tournament: Adidas Warrior Fall Classic Tournament: Cincinnati West Tournament: Creek Classic Equipment: Bench Winter Indoor Soccer League Winter Indoor Training/Field Rental TOTAL Number of Girls on Team
