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Office of Independent Education & Parental Choice

Corporate Tax Credit Scholarships Program

Good news for choice! To encourage private, voluntary contributions, to expand educational opportunities for children of families that have limited financial resources and to enable children in this state to achieve a greater level of excellence in their education, the 2001 Florida Legislature created Section 220.187, Florida Statutes, establishing the Corporate Tax Credit Scholarship Program.

Scholarship Funding Organization (SFO) Information

The law provides for state tax credits for contributions to nonprofit scholarship funding organizations, called SFOs. The SFO's then award scholarships to eligible children of families that have limited financial resources.

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