Can a single tuition grant/scholarship award be considered as belonging to more than one student in a family?
No. The tax credit law as written, and as logically interpreted by the Arizona Supreme Court in Kotterman v Killian, we believe contemplates grant/scholarships to specific “individual” students attending private schools. Also, the standard Merriam-Webster Dictionary definition of the word “scholarship” is “a grant-in-aid to a student (as by a college or foundation).” The tax credit law does not re-define the term to mean multiple students in a family.
No. ACSTO believes the Arizona Supreme Court’s holding in Kotterman v. Killian contemplates individual student awards. Also, the standard Merriam-Webster Dictionary definition of the word “scholarship” is “a grant-in-aid to a student (as by a college or foundation).” The tax credit law does not re-define the term to mean multiple students in a family.
