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).


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

The income qualifications for receiving a Tax Credit Scholarship (TCS) have expanded. Starting with the 2021-22 school year, the Adjusted Gross Income (AGI) on your 2020 tax return must be less than the income levels shown below for your household size to qualify.

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

Household Size Income Eligibility
2 $96,681
3 $121,878
4 $147,075
5 $172,272
6 $197,469
Household Size Income Eligibility
7 $222,666
8 $247,863
9 $273,060
10 $298,257

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.

Each qualified student will receive a minimum of $500.

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. A summer Financial Aid Appointment is required for any family new to the school who is receiving aid, to begin this application process.
  • 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 Dan Thompson, Director of Business, at dthompson@bishopchatard.org or Karen Feeney, Tuition Manager, at kfeeney@bishopchatard.org.

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