Affording Pardes

If you think you can’t afford a world-class private, independent Jewish Day School education, think again!  There are tuition assistance options available for all income levels.  We are happy to meet with you to further discuss the various options and your particular financial situation.

 

We recognize that many families desire the excellent education offered by Pardes Jewish Day School, and we want to do everything we can to help families afford the tuition. Families are able to obtain financial aid through a number of avenues. You can apply for the most common sources of financial aid through one application at TADS.com. Learn more below.

Background

The State of Arizona has three common tax credit programs, established to help parents afford private school.  The funding for these programs come through tax credits provided to Arizona taxpayers, both individuals and corporations.  The programs awarding scholarships are administered through School Tuition Organizations, or STOs.

The three tax credit programs are:
  • Original Tax Credit Scholarship – Most children attending private school qualify for this scholarship.
  • Overflow/PLUS (Switcher) Tax Credit Scholarship – Students must be:
    • Enrolling in or currently enrolled in a private school Kindergarten,   OR
    • Attended an Arizona Public School, full time, for at least 90 days of the prior fiscal year and then transferred to a private school, OR
    • Received a switcher scholarship in a prior school year and remained in private school in subsequent years, OR
    • Received a low-income corporate scholarship or disabled/displaced scholarship in a prior year and continued to attend private school in subsequent years.
  • Corporate Low Income Tax Credit Scholarship – In addition to the criteria listed above, families must also meet the income caps listed here to be eligible for the Corporate Low Income Tax Credit Scholarship:
Household Size       Income level
1                           $41,275
2                           $55,581
3                           $69,887
4                           $84,194
5                           $98,500
6                        $112,806
7                        $127,112
8                         $141,418
Each add’l         $14,306
There is also a program administered by the State of Arizona, the Empowerment Scholarship Account (ESA) program,  for disabled or displaced students. The admissions team can discuss this option with you if it is relevant to your family.

 

Needs-Based Awards

One Application

You can apply for financial aid from both the Jewish Tuition Organization (JTO) and Arizona School Choice Trust (ASCT) with one application at TADS.com. Remember the following when applying:

  • Be sure to check the box that will send the application to JTO.
  • Applications open on January 15.
  • Applications are due no later than April 16.
  • Application timeliness matters for ASCT.
  • Submit your application as soon as possible, even if you don’t have your tax return prepared yet. You can upload the needed documentation as soon as you have it ready.

Other Awards

If you believe you would not qualify for needs-based awards, or wish to supplement the amount of needs-based funds you receive,  you can consider soliciting Arizona taxpayers who are not currently participating in the Arizona tax credit program, and ask them to support your children with their tax credit dollars. Valley Tuition Organization, Arizona Tuition Connection, and Arizona Private Education Scholarship Fund are three organizations that will train you on how the program works, how to communicate with prospective taxpayers, and how to access available funds. We are happy to help you as well.  

Additional School Tuition Organizations (STOs) :Following is a list of other organizations who also provide tuition assistance. Check with each organization about their individual application process.

Contact Us with Any Questions 

If you have any questions about financial aid or would like to meet in person, please contact Patti Evans, Chief Financial Officer, at pevans@pardesschool.org or 480-­991-­9141, ext. 107.

A school tuition organization cannot award, restrict or reserve scholarships solely on the basis of donor 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. The Jewish Tuition Organization does not accept donor recommendations. All scholarships are need-based. Consult your tax advisor for specific tax advice.

According to A.R.S. 43-1603(C).