Private school tuition accounts approved in Michigan |
Children could qualify for scholarships to attend private schools and to cover educational expenses such as tutoring under bills approved Tuesday in Michigan. The fast-tracked legislation, introduced less than a week ago, would let individual and corporate taxpayers claim a 100% credit against their income taxes for donations to nonprofit organizations, which would send money to eligible students' accounts. K-12 students would be eligible if their family income is no more than double the cutoff to receive free or reduced-priced lunch — $98,050 for a family of four — they have a disability or they are in foster care. The scholarships could pay for school-related expenses such as tuition, fees, tutoring, computers, software, instructional materials, summer school, transportation costs, athletic fees, educational therapies and school uniforms. State tax revenue would be cut by as much as $500 million in the first year and public schools would see a drop in funding depending on how many kids switch to private school because of the scholarships. Final votes could occur as soon as next week.