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PA Tax Credit Programs

The Educational Improvement Tax Credit (EITC) and the Opportunity Scholarship Tax Credit (OSTC) are Pennsylvania tax credit programs that allow Pennsylvania businesses that pay applicable taxes, as well as individuals who pay personal income tax through LLC, S Corp, or who own or are a member of an LLP, to receive up to a 90% TAX CREDIT to be used by schools like Nazareth Academy High School for financial aid.

EITC and OSTC

How it works:
The process is easy!  You can apply for one or two years of credit.  Click Here to learn more about the application process.  For a one-year commitment, you will receive a tax credit for 75% of your contribution.  For two years, you will receive a tax credit for 90% of your contribution.  There is no minimum to participate and businesses can receive up to $750,000 in tax credit annually.

Contact our Advancement Office at 215.268.1047 for more information on the ways you can give your EITC/OSTC gift.

 

Frequently Asked Questions