Children's Tuition Fund of Pennsylvania
The Children's Tuition Fund (CTF) of PA, established in 2001, is sponsored and coordinated by the Association of Christian Schools International (ACSI). CTF of PA is a scholarship program that provides tuition assistance for families with low to moderate incomes to attend participating ACSI Christian Schools that are located in PA. If you or your business would like to participate in the program, e-mail the Program Administrator in the ACSI Northeast Regional Office or call 717.285.3022.
Where do the scholarship dollars come from?
The CTF of PA Scholarship fund is mainly comprised of tax credit contributions from PA-based businesses that are approved to contribute through the EITC and or OSTC programs. (EITC legislation of 2001).
What is the EITC legislation?
The Educational Improvement Tax Credit (EITC) legislation of 2001 established tax credits for eligible Pennsylvania-based corporations and businesses that make contributions to scholarship organizations or educational improvement organizations. These tax credits are awarded to corporations or businesses that pay any of the following taxes:
- Capital stock and franchise tax,
- Corporate net income tax,
- Bank and trust company shares tax,
- Title insurance companies shares tax,
- Title insurance premium tax,
- Mutual thrift institution tax,
- Malt beverage tax, and
- Personal income tax of S-corporation shareholders, or partners in a general or limited partnership (pass through entities).
How does the CTF of PA benefit schools?
Qualifying ACSI member schools and families that meet eligibility criteria can receive scholarship monies from the CTF of PA.
What are the eligibility requirements for schools?
- ACSI member in good standing
- Engaged in a formal school improvement plan
- Compliance with the CTF of PA guidelines
What are the eligibility requirements for participating families?
- Participating families are to meet the guidelines established by the EITC legislation, stating that income is not to exceed $77,648 plus $15,530 per dependent child. (Example: for a family with two children, the maximum income allowed to participate in this program would be $108,708). Monies are then allocated based on the individual school's tuition assistance guidelines.