Reduce The Cost Of

Exceptional Education

Child Care Tax Credits, State Funded Scholarships For K-8th Grade And Private Scholarships

Reduce The Cost Of Exceptional Education

Reduce The Cost Of

Exceptional Education

Child Care Tax Credits, State Funded Scholarships For K-8th Grade And Private Scholarships

Preschool & Child Care Center Serving Orlando, FL

Renowned Montessori Education Within Reach

Your child’s care and education are top priorities, and you want to be sure your child is getting the very best of both. There are several options available to help you offset your tuition costs for Montessori care, and we’ve made it easy to find resources.

SEE WHAT OPTION WORKS FOR YOU:

A tax credit is even more valuable to families than a tax deduction! It’s a dollar-for-dollar reduction in the taxes you owe. Some credits are refundable—reducing taxes otherwise owed to zero and paying a refund.

NEW federal tax benefits:
The American Rescue Plan Act of 2021 enhanced the benefits of families with children and child care specifically. The details of the new benefits can be hard to understand, so we’re here to break it down. Under current federal law, eligible families can claim 2021 child care tax credits up to the following maximum amounts:

  • $8,000 from the federal Child and Dependent Care Tax Credit (up to $4,000 for each of your first two children). For 2021, this is a refundable credit.
  • $6,728 from the federal Earned Income Tax Credit.
  • $3,600 per child under six (as of December 31, 2021) and $3,000 for children 17 or younger (as of December 31, 2021) from the federal Child Tax Credit (these amounts were permanently enacted into the law).

There are rules for these federal tax credits, so please speak to your tax advisor about how they apply to your family. In the meantime, this child care tax credits calculator is a quick tool for a broad estimate.

Your family may be eligible for one or more scholarships to lower your tuition costs:

The Yasmine Ben Said Memorial Scholarship is a financial based scholarship available to families that have attended MWS for a minimum of 1 complete school year.  Please contact us for more information.

"The most important period of life is not the age of university studies, but the first one, the period from birth to the age of six"

- Maria Montessori

If you don’t see answers to your questions about lowering your care and education costs, call us or drop in for a chat. We’ll be happy to discuss resources with you!

How Old Is Your Child?