Thanks to the Educational Improvement Tax Credit (EITC) program, more than 40,000 students each year are able to choose the school that best fits their needs. Students from around the Commonwealth were at the state Capitol today for the annual EITC birthday party and to thank legislators for their support of the program.
The EITC program has provided school choice to students for 12 years; but rally goers have another reason to celebrate this year – the first birthday of the Opportunity Scholarship Tax Credit (OSTC) program.
Both EITC and OSTC programs are funded by companies that contribute to scholarship organizations in exchange for a tax credit. The longstanding EITC program has helped tens of thousands of students attend the school of their choice, including Catholic schools. The OSTC program helps thousands more by giving special scholarships particularly for income eligible students in the lowest performing 15% of public schools.
Business owners who want to participate may complete the simple, step-by-step EITC and OSTC applications online at the Department of Community and Economic Development (DCED) website, www.newpa.com.
Helpful links:
- DCED page for the OSTC program
- DCED page for the EITC program
- EITC business guidelines
- EITC business application guide
- OSTC business application guide
