FY 2014/15 Scholarship Reporting

The following statistics show the details of scholarships awarded by APESF to students whose family income meets the economic eligibility requirements established under the National School Lunch and Child Nutrition Acts for free or reduced-price lunches (family income up to 185% of poverty level) AND to students whose family income exceeds the threshold under the National School Lunch and Child Nutrition Acts for free or reduced-price lunches but does not exceed 185% of the eligibility requirements of those acts (family income from 185% to 342.25% of poverty level):

Original Individual Income Tax Credit

Total Dollar Amount of Scholarships Awarded in this ProgramFamily Income up to 185% of Poverty LevelFamily Income from 185% to 342.25% of Poverty Level
$2,340,738.23$272,418.00 (11%)$622,127.00 (26%)

Overflow/PLUS/Switcher Individual Income Tax Credit

Total Dollar Amount of Scholarships Awarded in this ProgramFamily Income up to 185% of Poverty LevelFamily Income from 185% to 342.25% of Poverty Level
$1,176,887.75$181,199.00 (15%)$398,869.00 (33%)

Low-Income Corporate Income Tax Credit

Total Dollar Amount of Scholarships Awarded in this ProgramFamily Income up to 185% of Poverty LevelFamily Income from 185% to 342.25% of Poverty Level
$380,146.49$178,023.00 (46%)$202,123.00 (54%)

**Reporting will include disabled/displaced scholarship statistics beginning with FY 2015/16.**