Along with the New Jersey Catholic Conference, we support the opportunity for parents to have a school transportation system responsive to the needs of all students.
State laws and appropriations should reflect the cost of transportation for all students within statutory mileage limits.
We also support the need for nonpublic school students to be included in all courtesy (hazardous) busing initiatives for those students who live under the mileage limits for their school. (Two miles for elementary students and 2 ½ miles for secondary students.)
What is the OSA?
The Opportunity Scholarship Act (OSA) is a pilot corporate tax credit scholarship bill that will fund scholarships for low-income students attending the state’s lowest performing, chronically failing public schools. The scholarships would enable students to attend out-of-district public schools, or non-public schools anywhere in the state, that choose to participate in the program.
How is the OSA funded?
Corporations eligible to pay the corporate business tax (CBT) in New Jersey would be allowed to take a 100% tax credit against their CBT obligation for donations made to the OSA scholarship fund.
Who is eligible to receive a scholarship?
A low-income student attending a chronically failing public school in one of the pilot districts as defined by The Act. There are 130 such schools in the bill’s 13 pilot districts. Low-income is defined as no more than 2.5 times the federal poverty level, based on family size. For example, a family of four to be eligible to participate, their income could not exceed $55,000 annually. 25% of the scholarships are also available to low-income students attending non-public schools in the 13 pilot districts. Continue reading What Is the Opportunity Scholarship Act?