Our bank provides funding for this state-approved nonprofit scholarship funding organization that helps administer the Florida Tax Credit Scholarship Program (FTC) for low-income families. The Florida Tax Credit (FTC) Scholarship Program allows any company that pays Florida corporate income tax the unique opportunity to fund scholarships for underprivileged K-12 school children while earning a dollar-for-dollar tax credit for up to 100 percent of its tax liability to Step Up For Students. The funds provide educational options to students who, because of financial circumstances alone, have none. Through this program, the state has created an opportunity for corporations to partner with nonprofit organizations and low-income families in an effort to create a brighter future for Florida’s children.
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