Tag Archives: tax-credit

Important Information on Taxes and Scholarships!

In August 2017, the Illinois General Assembly passed the Invest in Kids Act as part of a budget package and allocated $75 million for scholarships through tax-credit contributions. This legislation funds scholarships for qualifying low-income students to attend the nonpublic school of their choice.

The Children’s Tuition Fund of Illinois (listed as ACSI Children Education Fund on the state website) is officially authorized to serve students, schools, and contributors as a Scholarship Granting Organization and began accepting contributions on January 2, 2018. Your contribution can help private Christian schools across the state and, in the process, help families escape government …

Posted in Education | Tagged , , , , , | Comments Off on Important Information on Taxes and Scholarships!