Opportunity Scholarship Tax Credit (OSTC)
Commonwealth of Pennsylvania — Community & Economic Development
- Funding range
- $0
- Application window
- Opens: Not listed
- Closes: December 31, 2035
- Applications Status:Upcoming
- Location
- Pennsylvania
About this grant
The program provides tax credits to eligible businesses contributing to an Opportunity Scholarship Organization. Business contributions are then used by Opportunity Scholarship Organizations to provide tuition assistance in the form of scholarships to eligible students residing within the boundaries of a low-achieving school to attend another public school outside of their district or nonpublic school. A low-achieving school is defined as a public elementary or secondary school ranking in the bottom 15 percent of their designation as an elementary or secondary school based upon combined math and reading Pennsylvania System of School Assessment (PSSA) scores. Sspecific dates: 5/15/2024: Business applicants who have fulfilled their 2-year commitment and wish to reapply in FY 24/25 to renew their 2-year commitment and Businesses who are in the middle of their 2-year commitment., 7/1/2024: All other businesses including initial applicants and those applicants wishing to submit an additional application on top of their previously submitted 2-year commitment.
Eligibility requirements
Businesses authorized to do business in Pennsylvania
- Business
- Student