The federal rules provide the clearest roadmap yet for how the Federal Scholarship Tax Credit, also known as the Education Freedom Tax Credit, will operate.
The Federal Scholarship Tax Credit, also known as the Education Freedom Tax Credit, could help students access funds for special-needs education services.
The Federal Scholarship Tax Credit program, also known as the Education Freedom Tax Credit, could expand access to career and technical education for Illinois students.
Under the program, donors can receive a federal tax credit of up to $1,700. That’s a direct subtraction from your tax bill, not just a deduction from your taxable income.
A new Illinois Policy Institute analysis finds that adults with no spouse and living with children are most likely to live below the poverty line. Education matters just as much.