STATE OF ARIZONA REPORTING DISCLOSURES
CATHOLIC EDUCATION ARIZONA
Low-Income Tax Credit Program:
For 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):
- Amount of low-income scholarships paid: $858,504
- Amount as a percentage of total low-income scholarships paid: 30%
For 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 but does not exceed 185% of the eligibility requirements of those acts (family income from 185% to 342.5% of poverty level):
- Amount of low-income scholarships paid: $1,960,038
- Amount as a percentage of total low-income scholarships paid: 70%
Original Tax Credit Program:
For 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):
- Amount of original scholarships paid: $2,304,693
- Amount as a percentage of total original scholarships paid: 28%
For 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 but does not exceed 185% of the eligibility requirements of those acts (family income from 185% to 342.5% of poverty level):
- Amount of original scholarships paid: $4,404,594
- Amount as a percentage of total original scholarships paid: 52%
Switcher Tax Credit Program:
For 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):
- Amount of switcher scholarships paid: $1,804,710
- Amount as a percentage of total switcher scholarships paid: 24%
For 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 but does not exceed 185% of the eligibility requirements of those acts (family income from 185% to 342.5% of poverty level):
- Amount of switcher scholarships paid: $2,887,613
- Amount as a percentage of total switcher scholarships paid: 64%
