Participating School System Financial Commitment
GSFC will provide funding for each REACH Scholarship ($10,000 for each REACH Scholar) for the first year of the Participating School System's participation in REACH.
Each year thereafter, the Participating School System will be responsible for a proportionate share of the scholarship and GSFC will fund the remainder subject to available funds.
The Participating School System's proportionate share will be no less than its county's Georgia Department of Community Affairs current Job Tax Credit designation (T 1-4) as follows:
- Tier 1 school systems must provide $1,500 per REACH Scholar;
- Tier 2 school systems must provide $2,500 per REACH Scholar;
- Tier 3 school systems must provide $3,500 per REACH Scholar;
- Tier 4 school systems must provide $5,000 per REACH Scholar.