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Qualified
Zone Academy Bonds
Qualifying |
WHO
QUALIFIES?
"Eligible schools must be located in an empowerment zone or an enterprise community or expect to have at least 35 percent or
more of their
students eligible for free or reduced lunch under the National School Lunch Act. Students in a Qualified Zone
Academy must
be subject to the same academic standards and assessments as other students educated by the local school
system." (United States Dept. of Ed)
In the simplest terms, an established Zone Academy (school) with 35% or
greater of their student body on the
free and/or reduced lunch program, will
qualify.
If your school district fits this, or has a reasonable expectation of having
students that "could" qualify, then
you probably can issue interest
free QZABs. (Need help, or have Questions? Check our
QZAB
Specialist Directory or fill out
our Information
Request Form.)
Another way of qualifying is if you are in a Federal Empowerment Zone or
Federal Enterprise Community.
What Projects Qualify? Projects that:
1.Rehabilitate or repair public school buildings.
2.Provide equipment for public school use.
3.Develop course materials.
4.Train teachers and other school personnel.
More Questions on Qualifying? Go to the
MORE INFO
page.
This Page is Sponsored by:
McLiney
And Company
The ONLY Nationwide QZAB Specialists
(800) 432-4042 or http://www.mcliney.com
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