Tax Credit Scholarship Information
The Illinois tax credit scholarship, made legal in 2017 by the Invest in Kids Act, went into effect on January 2018, when St. Angela parents, and donors, were invited to sign-up to be part of the program. Whether your family can benefit from the scholarship, or you can benefit because of the tax credit, we encourage you to learn about the program.
IMPORTANT Information for Donors
In its first year the Invest in Kids Tax Credit Scholarship program awarded scholarships to more than 3,000 students from low-income families to attend a school of their choice operated by the Archdiocese of Chicago. This was made possible through the generosity of thousands of donors who took advantage of the 75% state income tax credit on their donation.
St. Angela students received tens of thousands of dollars in tax credit scholarship; some from the Empower Fund, and some from the Big Shoulders Fund.
Are there still tax credits available for 2019?
No. But there is a two to one match available to donors until February 28 -- or until funds run out. Please check this out at empowerillinois.org and consider making your gift to St. Angela today -- your $500 gift becomes $1,500 in tuition assistance!
For more information download these pdf links.
or visit www.archchicago.org/tcs
or send your questions to firstname.lastname@example.org.
Information for Parents
The application process for Invest in Kids scholarships will open in January. St. Angela receives funding from two SGOs (Scholarship Granting Organizations) and parents are strongly encouraged to apply for both. The Empower Illinois application process will begin on January 15; the Big Shoulders Fund application process will begin on January 22. All recipients of scholarship funds this year must reapply for next year. Please watch for details in the next weeks.
Please watch this site, and the St. Angela Facebook page for the announcement of dates and deadlines.
If the Tax Credit Scholarship program is new to you, please follow the Read More link. Please disregard the dates, as this document introduced the program last year. The general information about TCS is the same.