Financial Reports

Arizona Revised Statute 43-1603 requires school tuition organizations (STOs) to publish the dollar amount and percentage of scholarships awarded to students during the previous fiscal year whose household income falls into one of two brackets: below 185% of poverty level, and between 185% and 342.25% of poverty level.

    • % of total FY scholarships awarded: 42%

    • Amount awarded during FY ‘24-’25: $1,876,913

    • % of total FY scholarships awarded: 22%

    • Amount awarded during FY ‘24-’25: $7,176

    • % of total FY scholarships awarded: 40%

    • Amount awarded during FY ‘24-’25: $548,314

    • % of total FY scholarships awarded: 31%

    • Amount awarded during FY ‘24-’25: $86,459

STUDENTS WITH FAMILY INCOME OF UP TO 185% OF POVERTY LEVEL

    • % of total FY scholarships awarded: 58%

    • Amount awarded during FY ‘24-’25: $2,570,457

    • % of total FY scholarships awarded: 45%

    • Amount awarded during FY ‘24-’25: $14,688

    • % of total FY scholarships awarded: 35%

    • Amount awarded during FY ‘24-’25: $486,865

    • % of total FY scholarships awarded: 32%

    • Amount awarded during FY ‘24-’25: $89,365

STUDENTS WITH FAMILY INCOME BETWEEN 185% AND 342.25% OF POVERTY LEVEL