GEICO funds 1,041 scholarships for Florida’s underprivileged schoolchildren
By ASHLEY ZARLE
TAMPA, Fla.– GEICO recently recommitted to supporting underprivileged K-12 schoolchildren in Florida by providing education options through Step Up For Students.
Step Up For Students administers the Florida Tax Credit Scholarship Program. Through GEICO’s generosity, 1,041 financially disadvantaged schoolchildren will be provided the opportunity 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 school.
GEICO has been a partner of Step Up For Students since 2010 and has contributed $33 million toward the scholarship program.
“GEICO is committed to giving back and making our communities stronger,” said Pionne Corbin, senior vice president of GEICO. “We recognize that each child is unique and as strong corporate stewards, we are confident that our investment in Step Up For Students will provide options to those who need it the most.”
“Companies like GEICO are transforming the lives of Florida’s lower-income students, and through their partnership, the program is producing measurable results,” said John Kirtley, founder, and chairman of Step Up For Students. “Last year, the Urban Institute evaluated graduates of our program and found that students who are on scholarship for at least four years are more than 40 percent more likely to attend public Florida college. GEICO is a large part of this success.”
The celebration was hosted at Cristo Rey Tampa High School where several students benefit from a Step Up scholarship, and the curriculum boasts a work-study component to give students a competitive edge. Representatives from GEICO and Step Up For Students gathered with a panel of scholarship students to hear how the program has impacted their visions for the future.
“Through the Step Up scholarship, I have been given the opportunity to attend Cristo Rey where I have access to the tools, I need to be successful,” said Armando Diaz, junior at Cristo Rey. “I know colleges will look at my resume and see I’ve had four years of internships and experience and I’ll stand out from my friends. I am dreaming for the future and hope to make GEICO and other donors to Step Up very proud.”
Step Up For Students is a nonprofit organization that administers the income-based Florida Tax Credit Scholarship Program. The program is funded by corporate tax credits and allows parents and students to choose between a K-12 scholarship to support private school tuition and fees, or one that assists with transportation costs to out-of-county public schools.
For the 2018-19 school year, Step Up For Students is serving nearly 100,000 students throughout Florida with tuition scholarships valued at up to $6,519 per student for kindergarten through fifth grade, $6,815 for sixth through eighth grade, and $7,111 for ninth through 12th grade. More than 1,800 private schools participate in the scholarship program statewide.
Ashley Zarle can be reached at firstname.lastname@example.org.