Florida's Education Tax Credit Program

Florida's Education Tax Credit Program is designed to provide financial assistance for low- and middle-income families to help cover private school tuition and other educational expenses. Through this program, businesses can receive tax credits in exchange for donating to nonprofit scholarship organizations. These organizations then provide scholarships to eligible students, giving them the opportunity to attend private schools or participate in educational programs. Essentially, it creates a way for families to access alternative education options while also allowing companies to support education through tax incentives.