The long awaited budget compromise earmarks $6.8 million to expand the Opportunity Scholarships program this year, with an additional $14 million in recurring funds for the following fiscal year.
The program provides scholarship grants of up to $2,100 per semester ($4,200 annually) for eligible students to attend nonpublic schools.
For those keeping score, the total funding for the voucher program will will be $17.6 million in FY 2015-16, and $24.8 million in FY 2016-17.
Budget writers note that funding set aside in FY 2016-17 represents an increase of 129% over FY 2014-15 levels.
For more highlights from the education budget, click below. Read more of the conference committee’s money report here.