Frequently Asked Questions
What does the donor tax rebate process look like?
|1||Initial Donation||A donor makes an initial donation to a School Tuition Organization (STO) with any applicable stipulations.|
|2||Funding Student Scholarships||The STO uses at least 95% of the donation to fund student scholarships, unless the donation was designated for administrative purposes.|
|3||Verify End-Of-Year Scholarship Amounts||The Louisiana Department of Education (“LDE”) verifies the amount of each taxpayer’s donation spent on student scholarships.|
|4||Issue Donor Receipts||In June, the LDE issue receipts to the STOs for the amount of the donation used on student scholarships. The STO will then distribute these receipts to their donors.|
|5||Issue Donor Rebates||The taxpayer submits this receipt and a completed rebate form to the (LDR). The LDR then issues a rebate check to the taxpayer.|