American Income Life donates $25,000 to Step Up For Students Scholarship Program
JULY 12, 2018
American Income Life, a provider of life, accident and supplemental health insurance, announced on June 25 a $25,000 contribution to Step Up For Students, helping lower-income children attend the K-12 school that best fits their learning needs. The contribution will fund 3 scholarships for the 2018-19 school year.
This is the first time that American Income has partnered with Step Up For Students, a nonprofit organization that helps manage the income-based Florida Tax Credit Scholarship Program. The program is funded by corporations with tax-credited donations.
“American Income Life takes an active role in giving back to the community, in places we live, work and visit. We’re proud to partner with Step Up For Students and to help shape the lives of children through educational opportunities,” said Chief Executive Officer, AIL Agency Division Steve Greer. “Supporting Step Up’s mission will help develop future leaders in our communities and we’re excited to be involved.”
Step Up For Students helps administers the Florida Tax Credit Scholarship Program for financially disadvantaged schoolchildren. The program allows parents and schoolchildren to choose between a K-12 scholarship that helps with private school tuition and fees, or one that assists with transportation costs to out-of-county public schools.
“We are thrilled that American Income Life has joined us in our efforts to provide educational options for lower-income families in Florida,” said Doug Tuthill, president of Step Up For Students. “We are grateful for their generosity, and to its employees’ efforts to improve the lives of people living in their communities.”
For the 2017-18 school year, Step Up For Students served more than 100,000 students throughout Florida with tuition scholarships valued at up to $6,343 per student for kindergarten through fifth grade, $6,631 for sixth through eighth grade, and $6,920 for ninth through 12th grade. More than 1,700 private schools participate in the scholarship program statewide.
About American Income Life Insurance Company
American Income Life Insurance Company is a wholly owned subsidiary of Torchmark Corporation of McKinney, TX. AIL has been serving working families for more than 60 years by offering quality, affordable supplemental insurance benefits. The Company is licensed in 49 states, the District of Columbia, Canada, and is registered to carry on business in New Zealand. National Income Life Insurance Company, AIL’s wholly owned subsidiary, is licensed in the state of New York. To learn more about a sales career with American Income Life, or to find an AIL Agency in your region, visit www.ailcareers.com.
About Step Up For Students
Step Up For Students is a nonprofit organization that helps manage the income-based Florida Tax Credit Scholarship Program. Students who qualify for the national free or reduced-price lunch, or those who are homeless or in foster or out-of-home care, may qualify. The scholarship provides tuition assistance to the private school of their parents’ choice or financial assistance to offset the transportation cost to an out-of-district public school. Since 2001, Step Up has awarded more than 680,000 scholarships.
A first-of-its-kind study on the long-term effects of the scholarship program by The Urban Institute found that students who use the Florida Tax Credit Scholarship four or more years are up to 43 percent more likely to go to college and up to 29 percent more likely to earn an associate’s degree than their peers.
In addition to the Florida Tax Credit Scholarship, Step Up For Students also administers three additional scholarships: the Gardiner Scholarship for children with certain special needs, the Hope Scholarship Program for schoolchildren who are bullied or victims of violence in a school, and the Reading Scholarships Accounts program for public school students in grades three to five who struggle with reading.
For more information, visit: www.StepUpForStudents.org.