Parents, Students Make Last Ditch Effort to Save Holy Angels

May 11, 2013 Updated May 11, 2013 at 11:20 PM EDT

By WKBW Admin

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May 11, 2013 Updated May 11, 2013 at 11:20 PM EDT

Parents, students, and alumni are anxiously awaiting a response from Holy Angels Academy on whether or not a plan submitted Friday to keep the school open for good, is viable.

The "Save Holy Angels" Committee presented its 5-year recovery plan to the school's president and board of trustees.

It outlines fundraising goals in three steps.

The first phase consists of raising $600,000 to pay back the Grey Nuns who donated money from their own pensions to keep the school open.

Next, committee members want to raise $2.5 million to bridge the budget gap.

The last part is to improve school programs to attract new students to boost enrollment.

The committee says these goals can be reached with support from the community.

"We now have an urgent need and the support base," said Dan Ward, whose two daughters attend Holy Angels Academy. "People that are offering help in ways you wouldn't even imagine a week and a half ago. We would like to channel those resources and skills and develop a sustainable plan for Holy Angels in the future. "

The "Save Holy Angels" Committee hopes to hear back from the school's board and president by Monday to find out whether the school will back the plan.