Scholarship Tax Credits - Education Commission of the States

STATE	Program Name arrow_downward	Scholarship amount
Virginia	Education Improvement Scholarships Tax Credits Program	Total scholarship funding for students without an IEP may not exceed the education expenses of the student or 100% of the per pupil amount, whichever is less. Total scholarship funding for students with an IEP may not exceed the education expenses of the student or 300% of the per pupil funding amount if the student attends a school for students with disabilities, whichever is less.
South Dakota	Partners in Education Tax Credit Program	The average value of all scholarships awarded may not exceed 82.5 percent of the state's per-pupil amount.
South Carolina	Educational Credit for Exceptional Needs Children's Fund	$11,000 or the total cost of tuition and qualified expenses, whichever is less.
Rhode Island	Tax Credits for Contributions to Scholarship Organizations	Each scholarship granting organization determines the amount of the scholarship it distributes.
Pennsylvania	Opportunity Scholarship Tax Credit Program	- $8,500 for students without a disability. - $9,500 for students without a disability attending an economically-disadvantaged school. - $15,000 maximum award for a student with a disability. - $16,000 maximum award for a student with a disability in an economically-disadvantaged school.
Educational Improvement Tax Credit Program	Determined by the scholarship organization. Participating schools may not charge participating students a higher tuition rate than those not participating in the scholarship program.
Oklahoma	Equal Opportunity Education Scholarship	$5,000 or 80% of the state's per-pupil amount, whichever is greater, to cover all or part of the tuition, fees and transportation costs of a qualified school for eligible students. $25,000.00 to cover all or part of the tuition, fees and transportation costs of a qualified school for eligible special needs students.
New Hampshire	Education Tax Credit Program	The average value of a scholarship awarded by a scholarship organization may not exceed $2,500. This average is adjusted annually based on the consumer price index. The minimum value of a scholarship granted to a student receiving special education programs or services shall be 175% of the maximum average scholarship size.
Nevada	Nevada Educational Choice Scholarship Program	The scholarship may exceed $7,755 for Fiscal Year 2015-2016. The maximum amount of a grant provided by the scholarship organization must be adjusted using the percentage increase in the Consumer Price Index on July 1 of each year for the upcoming fiscal year.
Montana	Tax Credits for Contributions to Student Scholarship Organizations	The scholarship may not exceed 50% of the state's per-pupil amount. The scholarship organization's average scholarship for an academic year may not exceed 30% of the state's per-pupil amount.
Louisiana	Tuition Donation Rebate Program	K-8: Cost of tuition or 80% of the state's per-pupil amount, whichever is less. 9-12: Cost of tuition or 90% of the state's per-pupil amount, whichever is less.
Kentucky	Education Opportunity Account Program	The student's demonstrated need, or the actual amount of tuition and fees, whichever is less. A student must reside in a district with a population of over 90,000 people in order to utilize funds for nonpublic school tuition. If students are using funds for other permitted services, the amount may not exceed the expected cost of those services, or up to the state's per pupil amount reduced by 25% of the percentage by which the applicant’s household income exceeds the free- and reduced-price lunch household income level.
Kansas	Tax Credit for Low Income Students Scholarship Program	$8,000 or the total cost of tuition, fees, expenses and transportation, whichever is less. Scholarship grant organizations shall disburse not less than 90% of contributions received pursuant to the program in the form of educational scholarships;
Iowa	School Tuition Organization Tax Credit	School tuition organizations determine scholarship amounts and are capped at full tuition. STOs must allocate at least 90% of its annual revenue in tuition grants for children to allow them to attend a qualified school.
Indiana	School Scholarship Tax Credit	Not specified in state policy.
Illinois	Invest in Kids	The state's per-pupil amount of the cost of tuition, whichever is less. Scholarships are based on family income using a sliding scale. Additionally, students identified as gifted and talented, ELLs, and students eligible to receive services under IDEA are eligible to receive additional funding.
Georgia	Georgia Tax Credit Program	The state and local per-pupil amount.
Florida	The Hope Scholarship Program	95% of the state's per pupil amount. The amount is capped at $750 if the student is attending a public school.
Florida Tax Credit Scholarship Program	95% of the state's per pupil amount. The amount is capped at $750 if the student is attending a public school.
Arizona	Premium tax credit for contributions to school tuition organization; low-income scholarships	P-8: $4,200 9-12: $5,500 In each year after 2006, the limitation amount for a scholarship or a grant under this subsection shall be increased by $100.
Credit for Contributions to School Tuition Organization; displaced students; students with disabilities	90% of the state's per-pupil amount or the cost of tuition, whichever is less.
Credit for Contributions to School Tuition Organization	Not specified in state policy.
Alabama	Educational Scholarship	K-5: $6,000 6-8: $8,000 9-12: $10,000

Virginia

Education Improvement Scholarships Tax Credits Program

Total scholarship funding for students without an IEP may not exceed the education expenses of the student or 100% of the per pupil amount, whichever is less.

Total scholarship funding for students with an IEP may not exceed the education expenses of the student or 300% of the per pupil funding amount if the student attends a school for students with disabilities, whichever is less.

South Dakota

Partners in Education Tax Credit Program

The average value of all scholarships awarded may not exceed 82.5 percent of the state's per-pupil amount.

South Carolina

Educational Credit for Exceptional Needs Children's Fund

$11,000 or the total cost of tuition and qualified expenses, whichever is less.

Rhode Island

Tax Credits for Contributions to Scholarship Organizations

Each scholarship granting organization determines the amount of the scholarship it distributes.

Pennsylvania

Opportunity Scholarship Tax Credit Program

- $8,500 for students without a disability.
- $9,500 for students without a disability attending an economically-disadvantaged school.
- $15,000 maximum award for a student with a disability.
- $16,000 maximum award for a student with a disability in an economically-disadvantaged school.

Educational Improvement Tax Credit Program

Determined by the scholarship organization. Participating schools may not charge participating students a higher tuition rate than those not participating in the scholarship program.

Oklahoma

Equal Opportunity Education Scholarship

$5,000 or 80% of the state's per-pupil amount, whichever is greater, to cover all or part of the tuition, fees and transportation costs of a qualified school for eligible students.

$25,000.00 to cover all or part of the tuition, fees and transportation costs of a qualified school for eligible special needs students.

New Hampshire

Education Tax Credit Program

The average value of a scholarship awarded by a scholarship organization may not exceed $2,500. This average is adjusted annually based on the consumer price index.

The minimum value of a scholarship granted to a student receiving special education programs or services shall be 175% of the maximum average scholarship size.

Nevada

Nevada Educational Choice Scholarship Program

The scholarship may exceed $7,755 for Fiscal Year 2015-2016.

The maximum amount of a grant provided by the scholarship organization must be adjusted using the percentage increase in the Consumer Price Index on July 1 of each year for the upcoming fiscal year.

Montana

Tax Credits for Contributions to Student Scholarship Organizations

The scholarship may not exceed 50% of the state's per-pupil amount.

The scholarship organization's average scholarship for an academic year may not exceed 30% of the state's per-pupil amount.

Louisiana

Tuition Donation Rebate Program

K-8: Cost of tuition or 80% of the state's per-pupil amount, whichever is less.
9-12: Cost of tuition or 90% of the state's per-pupil amount, whichever is less.

Kentucky

Education Opportunity Account Program

The student's demonstrated need, or the actual amount of tuition and fees, whichever is less. A student must reside in a district with a population of over 90,000 people in order to utilize funds for nonpublic school tuition.

If students are using funds for other permitted services, the amount may not exceed the expected cost of those services, or up to the state's per pupil amount reduced by 25% of the percentage by which the applicant’s household income exceeds the free- and reduced-price lunch household income level.

Kansas

Tax Credit for Low Income Students Scholarship Program

$8,000 or the total cost of tuition, fees, expenses and transportation, whichever is less.

Scholarship grant organizations shall disburse not less than 90% of contributions received pursuant to the program in the form of educational scholarships;

Iowa

School Tuition Organization Tax Credit

School tuition organizations determine scholarship amounts and are capped at full tuition.

STOs must allocate at least 90% of its annual revenue in tuition grants for children to allow them to attend a qualified school.

Indiana

School Scholarship Tax Credit

Not specified in state policy.

Illinois

Invest in Kids

The state's per-pupil amount of the cost of tuition, whichever is less.

Scholarships are based on family income using a sliding scale. Additionally, students identified as gifted and talented, ELLs, and students eligible to receive services under IDEA are eligible to receive additional funding.

Georgia

Georgia Tax Credit Program

The state and local per-pupil amount.

Florida

The Hope Scholarship Program

95% of the state's per pupil amount.

The amount is capped at $750 if the student is attending a public school.

Florida Tax Credit Scholarship Program

95% of the state's per pupil amount.

The amount is capped at $750 if the student is attending a public school.

Arizona

Premium tax credit for contributions to school tuition organization; low-income scholarships

P-8: $4,200
9-12: $5,500

In each year after 2006, the limitation amount for a scholarship or a grant under this subsection shall be increased by $100.

Credit for Contributions to School Tuition Organization; displaced students; students with disabilities

90% of the state's per-pupil amount or the cost of tuition, whichever is less.

Credit for Contributions to School Tuition Organization

Not specified in state policy.

Alabama

Educational Scholarship

K-5: $6,000
6-8: $8,000
9-12: $10,000