Step Up For Students

Donors

How can you help?

Florida P.R.I.D.E. awards Corporate Income Tax Credit (CTC) Scholarships. CTC is an educational program designed to help low-income families in Florida obtain the best education for their children.

Under this program, corporations that owe Florida corporate income tax can redirect a portion of their tax obligation to non-profit organizations that award K-12 scholarships to students qualifying for the federal government's free or reduced lunch program.

Parents can use these scholarships to send their child to a public or private school that provides the best learning environment that meets their particular needs. The corporation in turn will receive a 100 percent tax credit for every dollar they donate.

By law, 100 percent of a company's contribution will fund scholarships - not a single penny of your money can be used for administrative costs. Dollars can fund scholarships for children in your local area or across the state.

In the 2006/2007 school year the CTC program gave more than 16,500 kids a second chance to succeed in the classroom, and we have success story after success story to prove that the scholarships are a step up for those least likely to afford any kind of school choice options.

Participating companies do not have to be domiciled in Florida; the only requirement is that they have tax liability with the state.

Participation is simple and easy. For additional information call toll free (800) 782-9140.

How to sign up?

Open this PDF for instructions.
With the PDF open, visit this website and complete the form.

Quick Facts

Corporations may redirect up to 75 percent of their corporate state income tax liability every fiscal year.
Florida's Department of Revenue gives participating corporations a dollar for dollar tax credit for every dollar transferred to fund scholarships.
None of the redirected tax dollars can be used for administrative costs - 100% goes to the students.
Parent household income level must fall within financial guidelines set by the National School Lunch Program. The typical CTC scholarship family has an average income of $22,074 for a family of four. Scholarship Funding Organizations verify qualification every year.
Giving to the CTC does not interfere with other philanthropic giving.
Scholarships that pay for students' transportation to an out-of-district public school are limited to $500.
Scholarships that pay for private school tuition are limited to $3,750, or the cost of tuition and books, whichever is less.
The Program is capped at $88 million.