Private School Choice
State Profile - Illinois
March 2021
50-State Comparisons on each data point are here.
Vouchers
Does the state have
a voucher program?
No.
Education Savings Accounts
Does the state have an
education savings program?
No.
Scholarship Tax Credits
Does the state have a tax
credit scholarship program?
Yes.
Source
35 Ill. Comp. Stat. Ann. 40
Tax Credit Scholarship
Program Name
Invest in Kids
Scholarship Tax Credits
Student eligibility requirements:
Primary requirements
Students with a household income of less than 300% of the federal poverty level.
Once a student has received a scholarship, families may earn up to 400 percent of the FPL and must reside in Illinois while receiving a scholarship.
Once a student has received a scholarship, families may earn up to 400 percent of the FPL and must reside in Illinois while receiving a scholarship.
Scholarship Tax Credits
Student eligibility requirement:
Previous public school attendance
No
Scholarship Tax Credits
Enrollment limits
No.
Scholarship amount
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.
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.
Tax Credit Limit
Individual credits shall be equal to 75% of the total contribution, not to exceed a credit of $1,000,000 per taxpayer.
Total cap for credits awarded: $75,000,000.
Total cap for credits awarded: $75,000,000.