Saturday, July 7, 2012

Pennsylvania Approves Private School Tax Credit Program

Public school students in poor performing Pennsylvania schools will now be eligible to receive scholarships to attend a private school of their choice.

Late Saturday night, Governor Tom Corbett (R) signed into law a provision that will make private school scholarships available for students assigned to the lowest-performing 15 percent of the state’s public schools.

While Pennsylvania has operated its Educational Improvement Tax Credit (EITC) program—which provides tax credits to corporations that donate money to scholarship-granting organizations—since 2001, scholarships were limited to students already enrolled in private schools. The new law expands the current program by adding $50 million in tax credits for corporations that donate toward scholarship for students assigned to low-performing public schools.

The Philadelphia Inquirer reported, “The budget provides for corporate donations to pay up to $8,500 in tuition for the students to attend private schools. Special-education students can get up to $15,000 in tuition.”

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