Whenever possible, St. Charles Borromeo provides financial assistance to make our school an affordable option for all families. In doing so, we rely on a third-party tuition management system to evaluate all requests for tuition assistance. This ensures an objective evaluation of each request and maintains confidentiality.

Illinois Tax Credit Scholarship

The Illinois “Invest in Kids Act” provides scholarship opportunities to nonpublic schools for qualifying families with students in grades K-12. The scholarships offered through this program are needs-based and could cover up to 100 percent of tuition and eligible fees and are needs-based. See the Empower Illinois website to determine if your family qualifies.

Please note that all St. Charles Borromeo (SCB) families interested in tuition assistance, must first determine if their family is eligible for a Tax Credit Scholarship before applying for tuition assistance.  

In many instances, families will be awarded more assistance through the Tax Credit Scholarship program than through SCB’s tuition assistance.
Applications for 2020-2021 tax credit scholarships will open on Wednesday, January 15, 2020. Prior scholarship recipients or those who have been on a waitlist must reapply annually. The application is a two-step process explained here by Empower Illinois.

Illinois Tax Credit Scholarship Donor Information

Illinois’ “Invest in Kids Act” provides an incentive for individual and corporate donors to support nonpublic school scholarships for qualifying families. Provisions of the law include:

• Donors receive a credit (not deduction) on their Illinois Income Tax Return equal to 75% of the money contributed to the scholarships.

• Individual donors may direct their donations to a particular school. Corporations cannot designate their donations.

• The funds for this program cannot exceed $100 million in donations ($75 million in Illinois income tax credits) and is scheduled to be effective for 5 years. 

Contributions to this fund benefit ALL of us. The donors benefit with a 75% tax credit, the eligible families benefit by being able to attend SCB, and our entire community benefits as we continue to grow enrollment and at the same time reduce the amount of financial assistance we would otherwise provide to eligible families.

For more information about how to donate,
please contact Vicki Gray at (847) 683-3450 or scbschool@scbk8.org.