Every STC program requires that
scholarship organizations spend no more than 10 % on administrative costs, the exceptions being Florida's 3 % maximum and Pennsylvania's unnecessarily high 20 % maximum.
Not exact matches
A more likely scenario could be an effort to reform the tax code to offer tax credits for donations to
organizations that provide
scholarships to low - income students — an approach that could serve much the same purpose as school vouchers but would not require the creation of a new direct -
spending program.
Typically, parents
spend their own money to make approved purchases and apply for a reimbursement from the
scholarship organization for their expenses.
At least 10 Arizona
organizations that receive tax - credit donations for private school
scholarships have failed so far to
spend at least 90 percent of their revenues on the
scholarships as required by law, according to an analysis by the Arizona Republic.
Eligible school tuition
organizations must
spend 95 % of all donations received toward
scholarships.
A
scholarship organization must
spend at least 80 percent of its revenue on
scholarships.
Eligible nonprofit
scholarship - funding
organizations can
spend only 3 percent of collected donations on administrative expenses.
Scholarship granting
organizations must
spend at least 90 percent of their total donations on student
scholarships.
Scholarship granting
organizations must
spend at least 90 % of all contributions toward
scholarships.
Scholarship organizations must
spend 90 percent of their revenue on student
scholarships.
Scholarship - granting
organizations must
spend 90 % of their revenue on student
scholarships.
Student
scholarship organizations must
spend at least 90 percent of their revenue in the form of
scholarships.
Scholarship funding
organizations must
spend at least 95 % of their revenue on
scholarships.
After graduating from the Special Studies Program this past June, Groff headed to the United Kingdom on a Fulbright
Scholarship to
spend nine months at Futurelab, a nonprofit
organization that develops innovative resources and practices to support new approaches in 21st century learning.
Rather, when «taxpayers choose to contribute to [
scholarship organizations], they
spend their own money, not money the State has collected.»
«The reason for the savings is that the students receive
scholarships to private schools that cost less than the amount the state would spend on the student in a public school,» says a statement from Step Up for Students — the organization that administers the Gardiner and Tax Credit S
scholarships to private schools that cost less than the amount the state would
spend on the student in a public school,» says a statement from Step Up for Students — the
organization that administers the Gardiner and Tax Credit
ScholarshipsScholarships.
This enables
scholarship organizations to work with families and schools to determine the amount necessary to finance a child's education, an amount usually far lower than government per - pupil
spending or even many set voucher amounts; the average tuition at private schools is about half what is
spent per pupil in the public system.
In addition, the FDC recommend that students investigate the
organizations they may be considering paying for
scholarship services, ask plenty of questions of the company, and talk to a guidance counselor or financial aid representative before
spending money on these types of services.