Printer Friendly

Iowa--thousands of Iowa students will benefit this school year from a new school tuition tax credit bill signed by Gov. Tom Vilsack in June.

IOWA -- Thousands of Iowa students will benefit this school year from a new school tuition tax credit bill signed by Gov. Tom Vilsack in June. The Educational Opportunities Act establishes a 65-percent tax credit for individuals who make contributions to approved school tuition organizations, which distribute scholarships to families for the school of their choice. To qualify, a family's annual income must not exceed 300 percent of the federal poverty level. School tuition organizations must spend 90 percent of funds raised on scholarships, and the scholarships may not exceed the tuition at the private school.
COPYRIGHT 2006 ED.gov
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:AROUND THE COUNTRY
Publication:The Achiever
Article Type:Brief article
Geographic Code:1U4IA
Date:Sep 1, 2006
Words:95
Previous Article:A look at three schools reaching for No Child Left Behind's full proficiency target.
Next Article:Maryland--this fall, Anne Arundel County will introduce 623 newly hired teachers to its public school system through its teacher support program for...
Topics:

Terms of use | Privacy policy | Copyright © 2022 Farlex, Inc. | Feedback | For webmasters |