The ‘Education Freedom Tax Credit’ — We hope and pray that New Jersey will ‘opt in’ #Catholic – 
“A new federal program could bring direct educational support to New Jersey families at no cost to the state or taxpayers — if the state opts in to participate…”
Education Tax Credit Overview
I hope that many readers of this column are already aware of the potential impact of the Federal Education Freedom Tax Credit to expand educational opportunities for students and families across the State of New Jersey. I hope that you read the article in the Beacon last week, “Why NJ parents should promote federal education tax credits.”
I am happy to share with you, if you are not already aware, that the New Jersey Catholic Conference (NJCC) has launched a new website to provide education and resources about this potentially “game changing” opportunity. The website is designed to serve as a “one-stop shop” for parents, schools, potential donors, and legislators to learn about the Federal Education Freedom Tax Credit, to learn how they can support this effort (including sharing the website within their networks), and sign up for updates as the process develops. The website will serve as the central location for action alerts issued by NJCC and their partners in the nonpublic school community encouraging Gov. Mikie Sherrill to opt in to the program.
In early June, James J. King, executive director of the NJCC wrote a letter to Sherrill on behalf of Cardinal Joseph W. Tobin, C.Ss.R., and all the Catholic bishops of the state, respectfully urging the governor and her administration to “opt in” so that New Jesey children, families, schools and communities of all faiths (and of no faith) can benefit from the Federal Education Freedom Tax Credit program. King enumerated the many ways in which the Tax Credit program would benefit, not only Catholic Schools, but private and public schools, without any reduction in the state’s support of public education.
At the newly launched NJCC website, you can learn a great deal about the potential benefits and details of this Federal Tax Credit program. One important aspect of the program is the role that will be played by “Scholarship Granting Organizations” (SGOs):
“… This program allows individuals to donate up to $1,700 per year to authorized Scholarship Granting Organizations (SGOs) and receive a dollar-for-dollar federal tax credit. Eligible families and students can receive funds from these organizations as scholarships for school-related expenses, benefiting the taxpayer and also the students.” — Education Tax Credit Overview
Here in our diocese, we will be well prepared to benefit from the Tax Credits because we have a “Scholarship Granting Organization,” the Tri-County Scholarship Fund, with which I hope readers are already very familiar. The Tri-County Scholarship Fund was founded 45 years ago by Bishop Frank Rodimer and Ed Henessey. “Since 1981, Tri-County Scholarship Fund has provided partial K-12th grade scholarships to financially disadvantaged children from Northern New Jersey so they can attend safe, values-based, quality independent schools which allow them to thrive.” — Tri-County Scholarship Fund
The Board of “Tri-County,” led by President Prudence A. Pigott, has been working diligently to educate and inform their donors, school partners, and families about the potential benefits of the Federal Tax Credit program, as well as the importance of encouraging Sherrill to “opt in” so that children, families, teachers, schools, and communities across our state can receive these benefits.
I encourage you to go to the Tri-County website where you will find:
- Ways you can contact Gov. Sherrill’s Office and encourage her to “opt in”
- The Text of the New Law (creating the Tax Credit program), related articles, and review “Frequently Asked Questions”
- How this Tax Credit program could “transform educational opportunity in New Jersey”
- WHY this Tax Credit program “Matters”: “The new federal tax credit will help close the education gap for low-income children and those living in economically depressed zip codes. It will provide scholarship funds not only for tuition, but for all types of education enrichment including tutoring, SAT prep, extended school day, autism, special ed, language, art, dance, music classes, and more…” — New Jersey Federal Scholarship Tax Credit Guide
I will conclude with one additional or, hopefully, complementary “argument” as to why this Federal Tax Credit program is such an important opportunity for us, our families, parishes and schools. This past Sunday, July 26, was the Feast of Sts. Joachim and Anne, patron saints of grandparents and World Day of Prayer for grandparents and the elderly. During the coming week, we will celebrate, on July 29, the Feast of Sts. Martha, Mary, and Lazarus, and on July 31 and Aug. 1, the Feasts of St. Ignatius of Loyola and St. Alphonsus Ligouri, Bishop and Doctor of the Church. The first two Feast Days remind us of the value and sanctity of life, especially family life. The Feasts of St. Ignatius and St. Alphonsus remind us of the importance of education, especially Catholic Education and Catholic Schools.
It may not be obvious to all that there is an important “connection” between a Federal Tax Credit program and support for Family Life and Catholic Education. Yet, if we pause and reflect (and if you have read this far), I believe that Catholics and all the citizens, residents, and families of New Jersey should be able to see the benefits of our state and our governor “opting in.” Let us all do our part, as we pray and hope that New Jersey will “opt in.”
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“A new federal program could bring direct educational support to New Jersey families at no cost to the state or taxpayers — if the state opts in to participate…” Education Tax Credit Overview BISHOP KEVIN J. SWEENEY I hope that many readers of this column are already aware of the potential impact of the Federal Education Freedom Tax Credit to expand educational opportunities for students and families across the State of New Jersey. I hope that you read the article in the Beacon last week, “Why NJ parents should promote federal education tax credits.” I am happy to share with
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