In 2017, bipartisan lawmakers passed the Invest in Kids Act. This historic law – the first of its kind in Illinois – transforms lives by providing up to $100 million in scholarships for kids from low-income and working-class families in Illinois.
Scholarships are funded through private donations to Scholarship Granting Organizations (SGOs), like Empower Illinois, who then administer the application and scholarship process. Donations to the scholarship program are eligible for a 75% State Tax Credit.
Although Altus Academy does not charge tuition, these scholarships help cover the cost of about $13,000 per student per year, for students to attend Altus.
If you are interested in providing direct scholarships for Altus Academy students while receiving a powerful 75% credit on your Illinois state taxes, please contact Mr. Villegas.
Altus Academy will also be hosting a virtual Q&A presentation on the Tax Credit Scholarship Program on Thursday, September 29th from 6:30-7:30pm. If you are interested in participating, please rsvp here.
More information on this program can be found on the Empower Illinois website.