Catholic Education Arizona’s (CEA) tax credit scholarships provide a remarkable opportunity for individuals and corporations to support Catholic education while receiving a dollar-for-dollar state tax credit. By directing your tax dollars to tuition scholarships, you help make quality Arizona Catholic schooling more accessible to students who might not otherwise be able to afford it.
What Is an Arizona Tax Credit Scholarship?
A tax credit allows individuals and corporations to direct a portion of their Arizona state tax liability to support Catholic education. Instead of paying that amount directly to the state, you can contribute to Catholic Education Arizona (CEA), which then uses these funds to provide scholarships to students.
This means that your tax dollars help students receive an affordable, high-quality Catholic education. With a 99% graduation rate, our contributions have a powerful and lasting impact on families in need.
How the Arizona Tax Credit Works
Arizona taxpayers can redirect their tax dollars up to a specific limit, making this program financially beneficial while supporting a good cause. In 2024, the maximum tax credit contributions are $1,459 for individual filers and $2,910 for married filers.
C and S-corporations, and insurance companies that pay Arizona premium tax can also benefit from tax credits while contributing to a cause that aligns with their values.
You Decide Where Your Arizona Tax Dollars Go
What makes the Arizona tax credit program particularly appealing is that contributors receive a dollar-for-dollar tax credit against their state liability. For example, if you choose to contribute $1,000 to CEA, your state tax liability will be reduced by that same amount—effectively giving you control over where your tax dollars go.
By participating, you’re supporting academic excellence, character development, and faith-based learning.
The Impact of Tax Credit Scholarships
The impact of these tax credit scholarships is substantial. Catholic Education Arizona has raised over $353 million for students attending Catholic schools across the state. Your contributions make it possible for students from diverse socioeconomic backgrounds to receive an excellent education in an environment that emphasizes academic success, personal growth, and moral values.
Contribute Today
Ready to make a difference? Visit the CEA website and direct your tax dollars online. Catholic Education Arizona turns your tax dollars into scholarships for underserved students, providing the opportunity to excel in nurturing, faith-centered academic environments.
Contact Catholic Education Arizona today to learn more about how you can redirect your taxes and support a brighter future for Arizona students.
Posted 9/27/24
