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What is the purpose of Corporate Tax Credit (CTC) Scholarships?

April 26, 2017corporate CTC purpose scholarships tax credit

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What is the purpose of Corporate Tax Credit (CTC) Scholarships?

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The purpose of CTC Scholarships is to provide equal educational opportunities for Florida students by offering low-income families academic choices normally denied them due to their financial status. CTC Scholarships are awarded and disbursed by non-profit foundations designated as eligible Scholarship Funding Organizations (SFOs) by the state of Florida.