The Florida program was launched in 2001. In the 2013-14 school year alone, the program awarded almost 60,000 scholarships at an average value of $4,663 each. The program is capped at $286 million in tax credits.  There is no personal income tax in Florida so all the generated scholarship money is from private business. Florida businesses receive generous dollar for dollar tax credits. It is estimated that 30% of Florida’s students can qualify for the scholarships whereas 80% of Oklahoma children will do so. Source: the Friedman Foundation for Educational Choice.

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Florida’s Tax Credit Scholarships