BC-CNS-Tuition Credits-Box,055

Facts about tax credit for private school tuition donations

With BC-CNS-Tuition Credits

By Cronkite News Service

Here are quick facts about a program that offers a dollar-for-dollar state tax credit for donations to nonprofit organizations that provide private school scholarships:

_ Established: 1998
_ Limits: $1,000 for married couples and $500 for individuals.
_ Scale: 76,000 donations totaled $54 million in 2007, according to the state Department of Revenue.