tax-credit scholarships | St. Louis Public Radio

tax-credit scholarships

Students get ready for a violin class taught by Philip Tinge at Sister Thea Bowman Catholic School in East St. Louis.
File photo | Carolina Hidalgo | St. Louis Public Radio

Sister Thea Bowman Catholic School in East St. Louis is one of hundreds of private schools in Illinois that could see a financial boost from the state’s new tax credit scholarship program.

More than 90 percent of the families who send their children to the school fall below the federal poverty line of $24,600 for a family of four. That gives them top priority to receive a scholarship.

Although children from low-income families get priority,  if Illinois follows the pattern of other states with similar programs, most of the tax credit scholarships will go to middle-class families.

Tax credits | Flickr

The Missouri Senate could soon approve legislation that would give tax credits to people who donate money to fund private school scholarships.

Under Senate Bill 32, anyone could make donations to nonprofit groups that would use the funds to set up education savings accounts.

Then, parents could use those accounts to pay tuition at the school of their choice, including religious schools.