The AAA Scholarship Foundation awards scholarships solely to qualifying low-income, disabled and/or displaced students. The typical AAA Scholarship student is an ethnic minority living with a struggling single parent/caregiver in a high crime community. More than 85 percent of AAA scholarships are distributed to children at or below 185 percent of poverty. Many children are either below grade level, failing at their previous school or both when they receive a scholarship. Parents, who find their children in these circumstances and are concerned about their future, look for viable options. They seek an atmosphere that challenges their child and will reverse inadequate learning, social patterns and the potential lifelong negative impact. They wish to change their child’s learning environment, acquaintances and the unfortunate predictable outcomes associated with school failure.
AAA Scholarships are funded in Arizona, Florida, Georgia and Nevada by corporations that redirect a portion of their state tax liability to the AAA Scholarship Foundation in exchange for a dollar-for-dollar tax credit. The AAA Scholarship Foundation is one of the only approved 501(c)(3) nonprofit scholarship organizations exclusively serving qualifying low-income, disabled and/or displaced students through these tax credit scholarship programs in multiple states. AAA Scholarship Foundation provides your company with the convenience and efficiency of a single-solution for participating in multiple state tax credit scholarship programs.
“As a single mother, having the opportunity to be a part of the AAA Scholarship Foundation has impacted my life in so many ways. Because of them, I was able to build a solid academic base for my son’s future. I just want to take the opportunity to thank you all for your support, we are so happy to be one of the scholarship families in Reno, Nevada. Thank you!”
“What word is there to even describe how grateful I am. This scholarship is the best thing to ever happen to our family. I remind Sofia every day to make the most of her work because her being able to attend this school is a blessing and not many children have this chance.”
“What word is there to even describe how grateful I am. This scholarship is the best thing to ever happen to our family. I remind Sofia every day to make the most of her work because her being able to attend this school is a blessing and not many children have this chance.”
“The scholarship has been a true gift to our family and not one that we take for granted. We are so thankful to the AAA Scholarship Foundation and its donors for giving our son the opportunity to learn and grow at a school that is right for him.”
Step 1) Apply With Us
In order to prove their eligibility, households must complete AAA’s application and provide supporting documentation by the stated deadline. The households must meet both the state and AAA’s requirements (see Florida chart below). Each household member is required to provide proof of income. AAA does not rely on a household’s enrollment in a state food assistance or TANF program as proof of eligibility, a process sometimes referred to as “direct certification,” since those programs audit less than 3 percent of their recipient households.
In Florida, the household must reapply annually by the stated deadline.
Step 2) We Notify You of Your Eligibility Determination
Processing of applications is typically completed within eight to ten weeks once ALL required documentation has been received. Parents can check the status of their application by clicking on the “Check the Status of your Application” link. Once applications are in the “Completed” status, a determination letter will be mailed to the address on file within two weeks.
Households that are determined eligible AND have received funding for the upcoming school year will receive 1) a Scholarship Award Letter and 2) a School Commitment Form (SCF) in the mail directly from AAA. Those that are determined ineligible will receive a denial letter in the mail directly from AAA.
Step 3) If Eligible, You Tell Us That You Accept the Scholarship
The use of a scholarship cannot be postponed. The household must find an eligible private school for their student(s) as soon as they receive a scholarship award letter and SCF. Failure to meet the deadline stated on the SCF will result in the forfeiture of the awarded scholarship. Families should make a copy of the blank SCF before taking it to an eligible private school in case they decide to transfer to a different eligible private school later in the year. By completing the school enrollment form, both the parents and the schools agree to abide by the terms of the AAA Parent/School Handbooks.
Schools should not accept any students without an SCF unless the household: 1) is willing to self-pay their tuition and fees until they are awarded a scholarship and 2) will self-pay if they are not. If a household receives a SCF in error or their eligibility is revoked, the private school that has enrolled the student will be notified as soon as possible. By accepting the scholarship student(s) and scholarship payment(s) the private school agrees to repay any incorrectly made or overpayment of funds on behalf of the student(s), regardless of the reason. Households that document eligibility but are placed on a waitlist do not have a scholarship unless they receive a Scholarship Award Letter and SCF at a later date.
Step 4) Scholarship Payments Are Disbursed During the Year
Four times during the school year, AAA sends the school a verification form to ascertain whether the student remains enrolled and is current on any funds personally owed to the school. If the verification report is returned to us by the deadline, AAA then disburses one quarter of the scholarship award in the form of a check, made payable to the parent/guardian but for deposit only by the school. The parent/guardian must restrictively endorse the check over to the school before it can be deposited.
The maximum value of an awarded scholarship is determined by each state. Beginning in 2019-2020, the Florida income-based scholarships are awarded as follows: For renewing students, the award is the greater of 95% of the funds allocated per unweighted FTE (base-level + all categorical programs) per grade level and district – OR –
For new students, the award is equal to 95% of the funds allocated per unweighted FTE (base-level + all categorical programs) per grade level and district.
In order be eligible for the scholarship, your family must meet the requirements.
GA: Upon request, AAA will send you a full and fair description of this charitable program and a financial statement which shall be consistent with the financial statement required to be filed with the Secretary of State pursuant to Code Section 43-17-5. O.C.G.A. § 43-17-8. AZ: A school tuition organization cannot award, restrior reserve scholarships solely on the basis of a donor's recommendation. A taxpayer may not claim a tax credit if the taxpayer agrees to swap donations with another taxpayer to benefit either taxpayer's own dependent. PA: The official registration and financial information of AAA Scholarship Foundation, Inc. may be obtained from the Pennsylvania Department of State by calling toll free, within Pennsylvania, 1 (800) 732-0999. Registration does not imply endorsement. FL: A COPY OF THE OFFICIAL REGISTRATION AND FINANCIAL INFORMATION MAY BE OBTAINED FROM THE DIVISION OF CONSUMER SERVICES BY CALLING TOLL-FREE WITHIN THE STATE AT 1-800-435-7532. REGISTRATION DOES NOT IMPLY ENDORSEMENT, APPROVAL, OR RECOMMENDATION BY THE STATE.