PA Tax Credit Programs
Turn Your Tax Dollars into Scholarships
Through Pennsylvania's state tax credit programs, individuals and businesses can provide financial aid scholarships to help students attend TQS, and receive a PA tax credit for up to 90% of their contribution amount!
Thank you for all you do for the students and the parents. It takes a village. Your time and efforts are greatly appreciated. - Alumni Parent
Through TQS' membership in the Friends Collaborative, individuals and businesses in Pennsylvania can participate the EITC program by making a minimum contribution of $3,000 per year for two consecutive years to support tuition assistance at TQS and fellow Quaker schools. In turn, participants receive a PA state tax credit for 90% of their contribution amount. TQS receives at least 75% of every contribution from TQS donors, and the remainder supports scholarships at other Quaker schools in our area.
An example: A $10,000 Friends Collaborative gift to support tuition assistance results in a $9,000 tax credit -- making this truly a win-win for donors and TQS students!
Educational Improvement Tax Credit (EITC)
The Commonwealth of Pennsylvania offers a unique opportunity for businesses in the state to reduce tax liability by contributing to registered scholarship organizations like TQS. Through the EITC Program individuals and businesses support scholarships at TQS and then receive a dollar-for-dollar tax credit for up to 90% of the contribution for a two-year commitment, or up to 75% of the contribution for a one-year commitment.
Opportunity Scholarship Tax Credit (OSTC)
The OSTC program provides funding to organizations to distribute in the form of scholarship awards to eligible students and families residing within the attendance boundary of a low-achieving public school. The scholarship awards allow eligible students to attend a private school outside of their district of residence.
Frequently Asked Questions
- How can I participate in the Friends Collaborative?
- What is the timeline for applying for EITC and OSTC?
- Is my business eligible to participate in EITC and OSTC?
- How can my business apply to EITC and OSTC?
- Whom should I contact with questions?