Special Purpose Entity (SPE) Program
We are excited to share some information with you that is sure to change how you view paying your state taxes each year!
Over 70% of our families receive tuition assistance each year to the tune of over $2,000,000. Continuing to find the source for these dollars is a daily challenge. You can now be part of the solution at little or no cost to yourself. Too good to be true? Please read on!
Since 2001 businesses have been able to transfer their Pennsylvania taxable incomes into tuition dollars via the EITC or OSTC program. HERE IS THE EXCITING NEWS…now individuals (whether filing individually or jointly) also have the opportunity to choose how your Personal State Income Taxes are spent each year if you are eligible to participate in the Special Purpose Entity (SPE) Program! Similarly, you are guaranteed to receive at least a 10% deduction on your federal taxes each year. Since you are legally bound to pay your state income taxes anyway, why not have them serve as tuition assistance dollars which will allow more students to thrive at our school?! All SPE funds are available on a first-come, first-served basis, so don't waste time in learning more about this program!
We can help make this a seamless process, so please contact Jimmy Smith, Assistant Vice President of Development & Strategic Initiatives, at jimmy.smith@prep-villa.com or (814) 453-7737, Ext. 2294.