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Thousands of children in need in Illinois will be getting an opportunity to choose where they will be attending school thanks to the new scholarship program signed into law by Governor Bruce Rauner. The first day of donations saw a jaw-dropping $36 million – a great start for a program that will provide quality education to children across the state.
Check out the coverage from the State Journal-Register:
…Gov. Bruce Rauner announced Wednesday taxpayers pledged more than $36 million for private school scholarships on the first day donors became eligible for the state tax credit.
Tuesday was the first day individuals and corporations could pledge money and apply for the tax credit, which is worth 75 percent of their donation, up to $1 million. The state caps eligible annual donations at $100 million.
…Students who come from households with an annual income below 300 percent of the federal poverty level, or about $73,000 for a family of four, can apply for the scholarships beginning Jan. 24.
Sacred Heart-Griffin High School will have volunteers on hand at the school Jan. 24 to help people with the application process. The funds are available on a first-come, first-served basis, the school announced in a letter on its website.
…Lawmakers have estimated it will provide scholarships for 6,000 to 10,000 students statewide to attend private schools.
…Zach Wichmann, director of government relations for the Springfield-based Catholic Conference of Illinois, said the early numbers show there is a lot of interest.
“I think the fact we had such a good day on the first day of donations shows there is a real need and real desire for a program like this that can directly help low-income families,” Wichmann said. “As kids get enrolled in school and are doing well, I think the program’s popularity will only grow.”