– Educational Improvement Tax Credit: Tax credits to eligible businesses contributing to a Scholarship Organization (BLOCS) and awarded to families based on income guidelines and successful completion of FACTS Application (newpa.com).
– Opportunity Scholarship Tax Credit: Tax credits to eligible businesses contributing to a scholarship Organization (BLOCS) and awarded to families based on income guidelines, failing public school district, and a successful completion of a FACTS application. The failing public school list is published by the state each spring (newpa.com).
EITC and OSTC Income Guidelines:
Combined household annual income no more than $96,676 + $17,017 per dependent.
– Business Leadership Organized for Catholic Schools is an independent charitable organization supported by individuals, companies, firms, and foundations in the five county Philadelphia region. BLOCS is a state approved Scholarship Organization (blocs.org).