The $50 million tax credit represents only 1.7% of the total education budget.
The program is run through the Idaho Tax Commission, not the Idaho Department of Education.
The $5,000 per-student cap (except for special education) helps avoid excessive tuition hikes.
If 100,000 students use the tax credit in the future, taxpayers could save $400 million annually as fewer students attend public schools.
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Dr. Rajiv Shah, the Administrator of the U.S. Agency for International Development (USAID) leads the U.S. government’s efforts to end extreme poverty. He chose to participate in the impact investing conference at the Vatican and met with Pope Francis directly to address world poverty, the future of impact investing, and promotion of resilient, vibrant democratic societies worldwide.