Pennsylvania Educational Improvement Tax Credits (EITC), Pre-K Scholarship Tax Credit (PKTC), & Opportunity Scholarship Tax Credit (OSTC)
Individuals and businesses who pay Pennsylvania State taxes can redirect their tax dollars to Holy Child School at Rosemont through the EITC/OSTC Program for the benefit of our students who qualify for financial need. Since 2003, over 65 businesses and individuals have donated more than $5.4 million in financial, need-based tuition assistance. As a direct result, more than 120 Holy Child students have received a Holy Child education, when they wouldn’t have otherwise.
How does it work?
When an individual or business agrees to make a two-year commitment, they are eligible to receive a tax credit of 90% of their total contribution. (The tax credit for a one-year commitment is 75%.)
Who is eligible to participate?
Businesses who pay taxes to the State of Pennsylvania; and
Individuals who have a Pennsylvania tax liability of $7,000 or more are eligible.
Deadlines, Application, & Resources
Applications are currently being received. There are limited credits available and they are awarded on a first come, first served basis.
Resources: The DCED provides detailed guidelines for businesses and instructions on how to apply for these programs. Please click on the links below for specific program information.