Pennsylvania Tax Credit Programs for Businesses and Individuals
Pennsylvania Tax Credit Programs (EITC and OSTC)
Would you like to control how your Pennsylvania tax dollars are spent? Through the Educational Improvement Tax Credit (EITC) program and the Opportunity Scholarship Tax Credit (OSTC) program, individuals and businesses can pay their PA state taxes directly to Holy Child Academy to be used for financial aid.
Sound too good to be true, read this donor testimonial:
These tax credit programs allow me to make a much bigger impact on Holy Child Academy by allowing me to direct a significant portion of my PA business taxes to HCA instead of the state. Through the OSTC program I can dictate where I want my PA tax monies to go—to helping students attend HCA.
-Vince Bellwoar, owner of Springfield Psychological and parent of Vincent and Jessica Bellwoar (’07)
How the Program works
Individuals and businesses in Pennsylvania will receive up to a 90% tax credit by donating to HCA through the Educational Improvement Tax Credit (EITC) and the Opportunity Scholarship Tax Credit (OSTC) programs. By directing tax dollars you or your business will already be paying, you are helping Holy Child Academy provide financial aid to qualifying students.
- New businesses must apply on July 2, 2018. Click here to access the application page or email Claire Lewis to have HCA submit the application on your behalf.
- Businesses already enrolled in the program must apply on May 15, 2018. HCA also will submit re-enrollment applicationsl. Email Claire Lewis to have HCA submit the application on your behalf.
- Individuals should contact the HCA Development Office to learn of opportunities as they arise over the year. To contact the development office, email Claire Lewis.
For more information on the EITC program, visit the Pennsylvania Department of Community and Economic Development (DCED)’s webpage: www.newpa.com/eitc.
For more information on the OSTC program, visit the Department of Community and Economic Development (DCED)’s webpage: www.newpa.com/ostc.
Contact Claire Lewis at 610-259-2712 or firstname.lastname@example.org.