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The Florida Tax Credit Scholarship Program (FTC) was established in 2001 to provide an income tax credit for corporations that contribute money to nonprofit Scholarship-Funding Organizations (SFOs) that award scholarships to students from families with limited financial resources.
What is the main difference between an FTC and an FES-EO scholarship? A1. FES-EO scholarships are government-funded and the payments come from the state of Florida to the Scholarship Funding Organization (SFO) serving the student each quarter. FTC scholarships are privately funded.
Educational Options The students household income level does not exceed 375% of the federal poverty level. or.
The scholarship amount will vary ing to grade, county and matrix score, and is worth 90% of the funding a school district would receive for the student. The average amount for most students is $10,000.
Educational Options The students household income level does not exceed 375% of the federal poverty level. or.
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Student Funding Family Empowerment Scholarships are funded at 100 percent of Floridas unweighted full-time equivalent amount ($7,403 in 202021), less the Exceptional Services Education expenses, or a private schools tuition and fees, whichever amount is less.
Floridas two income-based scholarship programs, the Florida Tax Credit Scholarship Program and the Family Empowerment Scholarship for Educational Options (FES-EO) give students learning options not available to them because of their financial circumstances.
The Florida Tax Credit Scholarship Program (FTC) was established in 2001 to provide an income tax credit for corporations that contribute money to nonprofit Scholarship-Funding Organizations (SFOs) that award scholarships to students from families with limited financial resources.
The Family Empowerment Scholarship for Students with Unique Abilities (FES-UA) provides access to an education savings account (ESA) that functions like a bank account from which you direct funds to pay for tuition and fees for a private school, homeschooling options, therapies, tutoring and more.
Floridas two income-based scholarship programs, the Florida Tax Credit Scholarship Program and the Family Empowerment Scholarship for Educational Options (FES-EO) give students learning options not available to them because of their financial circumstances.

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