TAX CREDIT SCHOLARSHIP (TCS)

Overview

In August 2017, with bipartisan support, the House and Senate passed a comprehensive education funding bill that was signed into law by the governor. The law includes a provision for tax credit scholarships, which provide strong incentives for donors to support non-public school scholarships for low-income students in the state. Illinois students from low-income families may use these new scholarships to attend a non-public school of their choice.

This legislation represents a major step forward that will help create more equity in school funding throughout Illinois, and for the first time provide real school choice for students and their families.

Applying for a Tax Credit Scholarship
Through the “Invest in Kids Act,” Illinois students from low-income households in grade K-12 who want to attend private schools will have access to new scholarships. The scholarships offered through this program could cover up to 100 percent of tuition and eligible fees for next school year. These scholarships are funded by donors who receive a credit on their Illinois state income tax as a result of their donation.

 

On this page you will find more information about how to apply and details on eligibility requirements.  You may also access up-to-date information on the official Archdiocese of Chicago website as well. 

Application Process: 

 

1. Complete Admission Process for Frassati Catholic Academy

  • To be completed ASAP

  • For current families, please return Intent to Return Form ASAP

2. Complete Financial Assistance Application through FACTS 

  • To be completed ASAP

  • For current families, please log onto FACTS account and apply/re-apply ASAP

3. Apply for Tax Credit Scholarship (TCS) through a scholarship granting organization (SGO).

  • The Archdiocese of Chicago is working with two SGO's:

What you need to apply

Based on what the Archdiocese of Chicago knows as of today, families will need the following documents in order to apply for a tax credit scholarship through the SGO's:

  • Copy of 2016 federal tax return or 1099, W-2 or year-end pay stubs

  • Proof of Illinois residency (driver's license, state ID or utility bill)

  • Documentation of student age (birth certificate, federal/state ID or passport)

  • If available, a letter of acceptance or enrollment at an eligible, participating, non-pubic school

PLEASE NOTE: You will enter the Adjusted Gross Income (AGI) amount listed on your 2016 Tax Return.  This is the amount you will use to identify which braquet you qualify for. 

Verso l'alto!

WAUCONDA CAMPUS (School & Business Office)

316 W. Mill St., Wauconda, IL 60084

Phone: (847) 526-6311 

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