The average scholarship is worth barely $ 1,000, so every student who switches out of a district school to accept
a scholarship saves the state a lot of money.
As Bedrick notes, «The average scholarship is worth barely $ 1,000, so every student who switches out of a district school to accept
a scholarship saves the state a lot of money.
Not exact matches
In 2010, the Florida legislature's nonpartisan Office of Program Policy Analysis and Government Accountability estimated that Sunshine
State taxpayers saved $ 32.6 million, which is approximately $ 1.44 in state education funding for every dollar lost in corporate income tax revenue due to credits for scholarship contribut
State taxpayers
saved $ 32.6 million, which is approximately $ 1.44 in
state education funding for every dollar lost in corporate income tax revenue due to credits for scholarship contribut
state education funding for every dollar lost in corporate income tax revenue due to credits for
scholarship contributions.
An independent study of the fiscal impact of Arizona's STC program in 2009 determined that the
state saves between $ 99.8 million and $ 241.5 million as a result of its
scholarship tax credit program.
Thus, for every student taking advantage of a
scholarship and tax credit, the
state would
save $ 2,500.
Florida Office of Program Policy Analysis & Gov» t Accountability (Dec. 2008), The Corporate Income Tax Credit
Scholarship Program
Saves State Dollars, Report No. 08 - 68.
The proposed School Choice
Scholarship Act (HB 1607) creates a scholarship tax credit program that is designed to save money by reducing state spending more than it reduces t
Scholarship Act (HB 1607) creates a
scholarship tax credit program that is designed to save money by reducing state spending more than it reduces t
scholarship tax credit program that is designed to
save money by reducing
state spending more than it reduces tax revenue.
The Heartland Institute: Research & Commentary: Study: Louisiana
Scholarship Program
Saves Pelican
State Tax Dollars http://bit.ly/2c3dM0D
The high - end estimate — assuming 10 percent of
scholarships went to multi-scholarship students and
state - specific rates for public - to - private switchers — shows tax - credit
scholarships have
saved $ 3.4 billion, or $ 3,001 per student.
In addition to tax benefits,
states also promote
saving for college with incentives such as matching grants for residents who open 529 accounts, hosting community events and
scholarship competitions.