Need some financial assistance — Missouri teachers listen up - KSNF/KODE - FourStatesHomepage.com

Posted: Oct 17, 2022 / 04:53 PM CDT

Updated: Oct 17, 2022 / 04:54 PM CDT

JEFFERSON CITY, Mo. — Missouri State Treasurer Scott Fitzpatrick announced the Treasurer’s Office is accepting 2023 Educational Assistance Organization (EAO) applications for the MOScholars program. Current EAOs whitethorn taxable applications for renewal. Applications volition adjacent Monday, October 31 astatine 5:00 p.m.

An EAO is simply a nonprofit enactment that, aft support by the Missouri State Treasurer’s Office, tin person qualified contributions from individuals and businesses to found MOScholars assistance accounts for eligible Missouri students. The EAO establishes and maintains relationships with eligible schools to make a web of schools students whitethorn usage assistance funds to attend.

Per statute, the Treasurer’s Office tin certify up to 10 EAOs per year, with nary much than six having their main spot of concern successful immoderate of the following: Greene County, Jackson County, St. Charles County, St. Louis County, oregon St. Louis City.

The Treasurer’s Office certified six EAOs from crossed the authorities for 2022. These EAOs person awarded implicit 900 scholarships to students successful each eligible regions of the authorities since the programme launched 4 months ago.

In 2021, the Missouri General Assembly passed HB349 and SB86 which established the Missouri Empowerment Scholarship Accounts Program, MOScholars. The instrumentality provides authorities taxation credits for contributions to approved, non-profit EAOs. These EAOs usage the contributions to grant scholarships to Missouri students with Individual Education Plans (IEPs) and students surviving successful low-income households. EAO applications and accusation astir the programme tin beryllium recovered here.