41 Days of School Choice: Day 35 – 60,000 Pennsylvania Students Attend School of Their Choice, Thanks to State Program
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Washington, D.C. (Sept. 22, 2014) – The American Federation for Children, the nation’s voice for educational choice, kicks off week eight of the #41Days of School Choice initiative by highlighting Pennsylvania’s Educational Improvement Tax Credit – a program that has helped children for over a decade access a high-quality education.
The Educational Improvement Tax Credit Program provides children from low- and middle-income families the opportunity to seek high-quality education options through tax credit scholarships. The program serves approximately 60,000 students statewide. Businesses also benefit from donating to the program by receiving a 75 percent tax credit on all donations made to an approved scholarship organization. If a business agrees to provide the same donation amount for two consecutive years, the tax credit will increase to 90 percent.
“Over the course of its 13 year existence, the Educational Improvement Tax Credit has successfully given hundreds of thousands of children quality educational options that allows a child’s education to be tailored specifically to their needs, ” said Betsy DeVos, chairman of the American Federation for Children. “This program is proof of the benefits that educational choice provides not only to scholarship recipients, but the community as a whole.”
For more information visit: http://bit.ly/1lIwflx
Program Facts:
- To be eligible students’ family income cannot exceed $75,000 with an additional $12,000 allowed for each dependent.
- Donor tax credits are capped at $750,000
- Program caps equal $60 million
Throughout the 41 Days of School Choice campaign, the American Federation for Children will be promoting programs using the hashtag “#41Days”.
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The American Federation for Children is the nation’s leading school choice advocacy organization and works in states across the country to help secure additional, high-quality educational options for families.