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School Information
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Powell Schools: Olentangy Local School
District |
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Olentangy Local School District,
also located in Delaware County, is a district with a strong sense of pride and
commitment. Academically, our school system is competitive with some of the
best districts in central Ohio. Olentangy students have scored well on
proficiency tests, ACT and SAT tests, and have received numerous academic
awards. Over 90 percent of our students go on to college. The success of our
students has raised our level of recognition to one of the premier school
districts in central Ohio.
Olentangy students have consistently ranked
at or near the top in the reading, writing, math, and citizenship sections of
state-mandated proficiency tests. Our elementary program has been on the
cutting edge of research-based education. There are four elementary schools
located throughout the district, with a fifth scheduled to open during the
2000-01 school year.
The middle school boasts fine sports, music, and
academic teams. Construction is currently under way on a second middle school,
which will open for the 2001-02 school year. Olentangy High School, completed
in 1990, has been upgraded with the addition of approximately 149,000 square
feet. High school students are offered advanced placement classes,
post-secondary educational options (ie, concurrent enrollment at local
colleges/universities), and courses at other Delaware County high schools.
Foreign language students travel to Spanish and French speaking countries to
experience the language, the people, and the culture first-hand. Instrumental
and vocal music students not only perform locally, but are afforded the
opportunity to compete and perform in New York, Chicago, Atlanta, and Tampa. A
work-study coordinator, a supplemental services teacher, and a vocational
education coordinator are available to assist children with
handicaps.
The average expenditure per Olentangy student exceeds $6,000
per year. Our high tax base means the citizens can have as fine and
comprehensive a school system as they are willing to support.
Powell
Schools: Olentangy Local School District
 Olentangy.k12.oh.us
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Buyers Remorse >First Time Loans
Most first-time buyers can qualify for a mortgage loan, but they may need help from parents to make the down payment or closing costs on their home. There are loan programs that minimize the down payment and closing costs for first-time buyers. These programs usually require that 3 to 5 percent of the purchase price come from the buyers' funds, not from a loan or gift. Most lenders ask for the last three months' bank records. The borrower will be asked to reveal the origin of any large deposits. If the money comes from the homebuyer's parents, the lender may not consider those funds when qualifying the buyers.
Parents who are planning to help their children finance a home should transfer any funds several months before the house-hunting process begins. If it is a loan rather than a gift, a formal re-payment agreement should be drawn up between parents and children to eliminate potential misunderstandings or future complications with either estate.
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