NEW ORLEANS (press release) – Son of a Saint Scholars is one of only three Student Tuition Organizations (STO) designated by the Louisiana Department of Education to help facilitate the state’s Tuition Donation Credit Program. As a STO, Son of a Saint Scholars collects and redirects taxpayer donations to provide scholarships to students that meet the program’s income requirements to attend tuition-based private and parochial schools throughout the state. The STO designation has resulted in great impact for Son of a Saint’s mentees along with many more underserved kids across New Orleans and beyond. To date, Son of a Saint Scholars has awarded more than $507,000 and supported nearly 90 students to attend tuition-based schools, and the numbers are still growing.
The Tuition Donation Credit Program empowers Louisiana families by eliminating the financial obstructions that prevent deserving children from attending schools that will best prepare them for college and career. Needless to say, this program has provided Louisiana’s school-aged youth with otherwise unobtainable scholarship opportunities. The number of scholarships Son of a Saint Scholars can award is limited only by the amount of money the STO is able to raise.
Simply put, the Tuition Donation Credit Program enables participants to donate up to the amount of their Louisiana state tax liability and be credited back in full, dollar for dollar. That means 100 percent of donations to this program are credited back to the donor. So, if a STO donor owes the state $10,000 in taxes and chooses to give that amount to Son of a Saint Scholars, they can thereby provide a low-income family with tuition assistance at ZERO cost to the donor.
Son of a Saint Scholars is a state-approved nonprofit that helps under-resourced children reach their highest potential through educational opportunity. Scholarships are funded primarily by budget-favorable tax credit programs. Through the Louisiana Tuition Donation Credit program, Son of a Saint Scholars is expanding access to great schools and transforming the lives of kids in need. Visit sonofasaint.org/scholars to learn more or get involved.