Organizations may apply to be approved scholarship foundations for the Education Improvement Scholarships Tax Credits Program.
The 2016-2017 NAP Education Application is now available. Effective today, VDOE will begin receiving applications from neighborhood organizations to participate in the Neighborhood Assistance Tax Credit Program for Education during the 2016-2017 program year. Links to the 2016-2017 Application and the Application Instructional Presentation are provided below. The 2016-2017 NAP Education Application is fillable, with all fillable fields shaded in gray. The hard copy application must be received by the VDOE Office of Procurement & Tax Credit Programs by 5 p.m. on May 2, 2016.
Virginia's public schools are financed through a combination of state, local and federal funds. The private sector also contributes through partnerships with schools and school divisions.
The apportionment of the state funds for public education is the responsibility of the General Assembly, through the Appropriations Act. General fund appropriations serve as the mainstay of state support for the commonwealth's public schools, augmented by retail sales and use tax revenues, state lottery proceeds, and other sources.
Counties, cities and towns comprising school divisions also support public education by providing the locality's share to maintain an educational program meeting the commonwealth's Standards of Quality.
While public education is primarily a state and local responsibility, the federal government provides assistance to state and local education agencies in support of specific federal initiatives and mandates.
Overview of the Standards of Quality Funding Process (PPT) – This July 2013 presentation provides an overview of the Standards of Quality (SOQ) and other state-funding streams constituting Direct Aid to public education.