How do scholarship tax credits work?

ALL CHILDREN DESERVE ACCESS TO A QUALITY EDUCATION

stcgraphic-300x65.png

Scholarship Tax Credits give low-income parents the choice of being able to help their own children rise above the throes of poverty, giving them a brighter future by enrolling them in a more suitable school with the help of a scholarship.

  • PARENTS DETERMINE THE BEST PUBLIC, PRIVATE OR PAROCHIAL SCHOOL FOR THEIR

  • CHILD QUALIFIED FAMILIES APPLY TO A SCHOLARSHIP GRANTING ORGANIZATION (SGO)

  • INDIVIDUAL, BUSINESS, OR SGO APPLIES TO THE STATE FOR A TAX CREDIT ON BEHALF OF THE DONOR

  • DONORS ARE NOTIFIED OF TAX CREDIT APPROVAL WITHIN 30 DAYS AND CAN DONATE

  • SGOs GRANT SCHOLARSHIPS TO QUALIFIED APPLICANTS

  • RECIPIENT FAMILIES ENROLL CHILDREN IN THE SCHOOL OF THEIR CHOICE

  • APPROVED DONORS RECEIVE A 95% CREDIT ON STATE TAXES

HOW CAN YOU HELP?

Call, email, or visit your legislators and ask them to support a scholarship tax credit policy!

Find your legislator

Related Links:

Scholarship tax credits: Fact vs. fiction

Tax deduction vs. tax credit: Which is better for a scholarship program?