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: $2,812,868
  • Amount as a percentage of total low-income scholarships paid: 60%


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: $1,874,026
  • Amount as a percentage of total low-income scholarships paid: 40%

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: $3,519,134
  • Amount as a percentage of total original scholarships paid: 43%

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: $1,985,777
  • Amount as a percentage of total original scholarships paid: 25%

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: $2,394,048
  • Amount as a percentage of total switcher scholarships paid: 49%


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: $1,620,748
  • Amount as a percentage of total switcher scholarships paid: 33%