Educational Improvement Tax Credit Program
The EITC program provides tax credits to eligible businesses contributing to an Education Improvement Organization (EIO) as defined in the PA Educational Improvement Tax Credit program (EITC).
The Lehigh Carbon Community College Foundation is an approved EIO for SHINE and Dual Enrollment program. Through the EITC program, tax credits may be applied against the tax liability of a business for the tax year in which the contribution was made.
Eligibility
- Businesses authorized to do business in Pennsylvania who are subject to one or more of the following taxes:
- Personal Income Tax
- Capital Stock/Foreign Franchise Tax
- Corporate Net Income Tax
- Bank Shares Tax
- Title Insurance & Trust Company Shares Tax
- Insurance Premium Tax (excluding surplus lines, unauthorized, domestic/foreign marine)
- Mutual Thrift Tax
- Malt Beverage Tax
- Retaliatory Fees under section 212 of the Insurance Company Law of 1921
Eligible Programs at LCCC
SHINE After School Program
The LCCC Schools and Homes in Education (SHINE) model is a nationally recognized after-school program operating in school districts in Carbon, Schuylkill and Luzerne counties. The Carbon/Schuylkill SHINE program is administered by Lehigh Carbon Community College. More than a thousand students are involved in the SHINE programs throughout northeastern Pennsylvania. SHINE’s mission lies in how a community’s grassroots prevention efforts through a quality after school program, along with effective early childhood programs are increasing educational attainment, preventing juvenile crime, and having a life-long impact on the communities and families it serves.
LCCC’s Dual Enrollment Program for high school students increases access to a high-quality college education.
Dual Enrollment Courses: Dual Enrollment students take school district-approved LCCC classes to earn college credits that can also be used towards high school graduation requirements. A wide range of Dual Enrollment classes are conveniently offered in high schools. These courses help prepare students for the workforce and give them a jumpstart towards a college degree. Credits earned through LCCC can be transferred to many other colleges and universities in the country. LCCC enrolled 1,330 Dual Enrollment Lehigh and Carbon County students in fall 2019, 1,009 in spring 2020, 1088 fall 2020, and 1097 in spring 2021.
How to Apply
Businesses
Pennsylvania businesses can begin applying for EITC credits through DCED’s electronic single application system. DCED will no longer require applicants to mail the signed signature page.
The business application guide explains the process of applying. Tax credit applications will be processed on a first-come, first-served basis by day submitted. All applications received on a specific day will be processed on a random basis before moving on to the next day’s applications. Applications will be approved until the amount of available tax credits is exhausted.
Organizations
Applicants interested in applying as an Educational Improvement Organization, Scholarship Organization can apply at DCED Center for Business Financing, Tax Credit Division, 4th Floor, Commonwealth Keystone Building, 400 North Street, Harrisburg, PA 17120: 717.787.7120 or RA-EITC@pa.gov. Do not use the Single Application.
Source: Pennsylvania Department of Community and Economic Development
