Scholarship Data Filed with DRA Form ED-05 Show NEO Awarded More Than 100 Financial Need-Based Scholarships Totaling $125k+
Concord, NH - The Network for Educational Opportunity (NEO) announced today that it has filed its 2013 ED-05 form with the state Department of Revenue Administration (DRA), in compliance with the 2012 education tax credit law that makes education choice more accessible in the Granite State.
To parallel its filing with DRA, NEO – the only fully operating
The June ruling by a Strafford County Superior Court judge prohibits parents participating in New Hampshire’s scholarship tax credit program from using the scholarship to send their children to religious schools. The judge’s ruling is based on an erroneous finding that the private donations from business to private, nonprofit scholarship organizations, like NEO, are public dollars, simply because the program grants an 85 percent tax credit to the businesses for their donation. The
New Hampshire families and the business community are reaping the benefits of the state’s education tax-credit law, which boosts educational choice in the Granite State.
The modest awards derived from business contributions to The Network for Educational Opportunity (NEO) result in children attending schools with better educational settings and outcomes – not schools that fail to meet parents’ definition of the best available option. In its inaugural year NEO awarded more than