Tax credit scholarship fund hits $50 million cap

Aileen Dodd of The Atlanta Journal Constitution reports on big news last week concerning tuition tax credit scholarships. The Georgia Department of Revenue announced that the $50 million cap for credits was reached for the first time in the history of the program. Derek Monjure, executive director at Arete Scholars Fund, comments on the significance when he said, "We had a $1 million corporate gift that could not be processed."

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