The amounts and percentages reported below are amounts awarded to Low-Income students. The Arizona Department of Revenue requires that we post this information on our website. The amounts are not a reflection of the total awards paid out during the School Year.
2024/25 CCSTO Payouts by Fund:
Original Scholarship Program
A) Original scholarships awarded to students with family income up to 185% of poverty level:
Total dollar amount awarded = $40,543.07
Percentage of Total amount awarded = 29.31%
B) Original scholarships awarded to students with family income that is greater than 185% of poverty level but not more than 342.25% of poverty level:
Total dollar amount awarded = $32,002.00
Percentage of Total amount awarded = 23.14%
Switcher Scholarship Program
A) Switcher scholarships awarded to students with family income up to 185% of poverty level:
Total dollar amount awarded = $9,841.00
Percentage of Total amount awarded = 24.70%
B) Switcher scholarships awarded to students with family income that is greater than 185% of poverty level but not more than 342.25% of poverty level:
Total dollar amount awarded = $9,962.02
Percentage of Total amount awarded = 25.00%
Corporate Low Income Scholarship Program
A) Corporate Low Income scholarships awarded to students with family income up to 185% of poverty level:
Total dollar amount awarded = $48,982.18
Percentage of Total amount awarded = 84.19%
B) Corporate Low Income scholarships awarded to students with family income that is greater than 185% of poverty level but not more than 342.25%
of poverty level:
Total dollar amount awarded = $9,200.00
Percentage of Total amount awarded = 15.81%
Arizona Revised Statute - A.R.S. §43-1603(C):
A school tuition organization cannot award, restrict or reserve scholarships solely on the basis of a donor's recommendation.
A taxpayer may not claim a tax credit if the taxpayer agrees to swap donations with another taxpayer to benefit either taxpayer’s own dependents.