Annual Funding & Payouts

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.  Ninety-Three.Five (93.5) Percent of all donations are awarded as tuition scholarships.

2022/23 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 = $52,635.47

         Percentage of Total amount awarded = 30.37%

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 = $51,266.57

        Percentage of Total amount awarded = 29.58%

Switcher Scholarship Program

A)  Switcher scholarships awarded to students with family income up to 185% of poverty level:

        Total dollar amount awarded = $23,568.05

        Percentage of Total amount awarded = 23.40%

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 = $26,277.36

        Percentage of Total amount awarded = 26.09%

   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.