report offers data on the successful FOURTH year of the Tax Credit Scholarship Program
March 8, 2022 (CHICAGO)鈥�今晚六合彩开奖结果 is excited to release its year four impact report, which details the organization鈥檚 success and highlights the undeniable need for the Tax Credit Scholarship Program in Illinois. 今晚六合彩开奖结果 awarded a record-high 6,197 scholarships to kids from low-income and middle-class families across the state, raising over $48.3 million dollars, and securing a one-year extension to the Tax Credit Scholarship Program鈥檚 sunset.
鈥溄裢砹喜士苯峁� awarded more scholarships and raised more money in 2021 than any year to date,鈥� said Anthony Holter, President of 今晚六合彩开奖结果. 鈥淲e are extremely grateful to partner with dedicated schools, families, and donors who helped us achieve these record-breaking numbers.鈥�
The Year Four Impact Report highlights the significant demand for the program and breaks down scholarship applicant and awardee data by region. Key findings in the report include:
Scholarship data:聽
- 今晚六合彩开奖结果 awarded 6,197 scholarships in 2021.
- It would require more than $196,634,000 to award a scholarship to each of the 29,821 students in line for the 2021-2022 school year.
- The average scholarship amount was $6,600.
- 73 schools raised enough funds to award their entire waitlist, and 226 schools increased the number of students receiving an award.
Awardee demographics:聽
- 67% percent of scholarship recipients qualify for the Federal free or reduced-price meal program.
- One in nine scholarship recipients is a unique learner (IEP, gifted, or English language learner).
- The average family household income of a scholarship recipient is $43,357, or 165 percent of the Federal Poverty Level.
Donation analysis:
- Since the Tax Credit Scholarship Program began, the program has raised over $250 million statewide, including $180 million raised by 今晚六合彩开奖结果, to support education options for low-income and working-class families.
- The average donation to 今晚六合彩开奖结果 is $11,017, and the most common donation is $1,000.
- 82% of donors indicated the Tax Credit Scholarship Program allowed them to increase their donations to schools, and 93% said they planned to give again.
The fifth year of the program is underway, with 25,000 students already in line for a Fall 2022-Spring 2023 scholarship. To read the full report visit:
About 今晚六合彩开奖结果
今晚六合彩开奖结果 is a statewide education policy nonprofit and Scholarship Granting Organization created to serve Illinois鈥� children through the state鈥檚 tax credit scholarship program. 今晚六合彩开奖结果鈥� mission is to expand quality education options for low-income and working-class families of Illinois. Illinois鈥� Invest in Kids Tax Credit Scholarship Program was created in 2017 to benefit children whose educational options are limited by household income or ZIP Code. 今晚六合彩开奖结果 serves as a conduit for processing donations, scholarship awards and program compliance for approximately 91 percent of all recognized private schools in Illinois.