What Are the Specifics
Arkansas’s most vulnerable and at-risk students could acquire services such as; tutoring, therapies, public school courses, private school tuition, transportation and summer enrichment programs, giving them more opportunity to be equipped for the future. Unlike the Succeed Scholarship, this program is more diverse than a voucher.
Focused on families and communities. For the vast majority of parents who are happy with their child’s current zoned public school, nothing changes. This program provides another option for students whose zoned public school is not the best fit for their unique needs.
Saves Arkansans money. The Succeed Scholarship, a voucher, is currently serving 250 special needs students and saving Arkansas taxpayers over $1,500 per-student, per-year. With the same savings, this program could save Arkansas taxpayers over $2 million.
No local, state, or federal public education dollars are used to fund tax-credit scholarships.
These programs find success in other states, why not Arkansas?
A study on the Alabama Accountability Act showed a net savings to the State to be $26.8 million and $3.1 million in 2014 and 2015, respectively.
A study on the tax-credit scholarship in Florida, by the Consensus Revenue Estimating Conference, projected two years ago that the scholarship saved the state $57.9 million in 2012-13.