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Tax-credit scholarships allow taxpayers to receive full or partial tax credits when they donate to nonprofits that provide private school scholarships. Eligible taxpayers can include both individuals and businesses. In some states, scholarship-giving nonprofits also provide innovation grants to public schools and/or transportation assistance to students choosing alternative public schools.
Watch the short video below to see how tax-credit scholarships work for families.
Check out the list below for quick links to those program details, which include approved expense types, family eligibility tests, participation numbers, funding amounts and more.
Do you know how many kids across the country are using tax-credit scholarship programs? Which state has the biggest tax-credit scholarship program? For more little-known truths about these programs, visit our Tax-Credit Scholarship fast facts.
Researchers have surveyed parents who use the largest tax-credit scholarship program in the nation: the Florida Tax Credit Scholarship. The majority of Florida scholarship parents are satisfied with their children’s schools. Read more of from this report below.