Tax Credit Scholarships

Tax Credit Scholarships (TCS)

Institute For Quality Education LogoTax Credit Scholarships (TCS) are awarded to income qualified Bishop Chatard students and are funded by Bishop Chatard benefactors through a Scholarship Granting Organization (SGO).

  • If you are within the income guidelines, in the first year of applying for a TCS/SGO award, you will automatically receive a minimum of $500 off each student’s tuition.
  • The TCS/SGO award is a pathway to an Indiana Choice Scholarship (Voucher). (There are several pathways to becoming eligible for a Voucher: Click here to view Pathway Info). By receiving an SGO award in any previous year, from kindergarten onto high school, a student could use the SGO pathway to be eligible for around $6,000 in aid each year thereafter if you are within the income guidelines.


Eligibility

Any student who lives in Indiana, is currently attending or applying to a K-12 non-public school and meets income guidelines is eligible.


Income Qualifications

For the 2022-23 school year, income must be lower than the levels listed below per household to be eligible. In general, the Adjusted Gross Income (line 11 of your 2021 Federal 1040 tax return) shows the eligible income.

These guidelines are now the same as the income guidelines for Indiana School Choice Scholarships (vouchers.)

Household Size Income Eligibility
2 $101,620
3 $127,816
4 $154,012
5 $180,208
6 $206,404
Household Size Income Eligibility
7 $232,600
8 $258,796
9 $284,992
10 $311,188

Award Amount

Tax Credit Scholarships do not have a pre-determined award amount. The actual amount awarded for each scholarship is based on family need and limited to the amount available in the Bishop Chatard Tax Credit Scholarship fund.


Application Details

  • A separate application is needed for each student in a family.
  • Families are not required to apply for direct Bishop Chatard financial aid to apply for a Tax Credit Scholarship.
  • Students who do receive direct BCHS financial aid awards or an Indiana School Choice Scholarship MUST apply for a TCS.
  • Applications begin and are processed by the BCHS business office in May- August.
  • If you did not apply for financial aid but think you would qualify for a Tax Credit Scholarship, watch this space and your emails in early summer for specific directions.

Questions?

Contact finaid@bishopchatard.org or Karen Feeney, Tuition Manager, at kfeeney@bishopchatard.org.

RT @BCHS_Principal This past Saturday, Sarah Semon competed in the Indiana State School Music Association State-level Solo and Ensemble Festival at Perry Meridian High School, and achieved a near-perfect, Gold Rating on her soprano solo! Congratulations Sarah! pic.twitter.com/DmXyj3k7AX

About 2 days ago