Unprecedented $145 Million Submitted in Corporate Applications

Now that the dust has settled on the Corporate Donation Application period, we're able to look back at the magnitude of what happened. Over $145 million was submitted in almost 1500 applications between the Low-Income Corporate and the Disabled/Displaced programs. This amounts to over $50 million dollars over the cap available for this year! Applications up to the cap ($94 million total) were approved and the rest were wait listed. At this time, the AZDOR has approved some of the wait listed applications and we are expecting more to be approved. If you did not get your application in before the July 2nd cap opening, you can still submit your application to be added to the wait list. There is still a chance that additional applications will be approved as the AZDOR receives notifications of corporate donations. If you would like to get a jump start on next year's cap, feel free to submit your application now to be held for next year. If you have any questions, please contact the Corporate Program Coordinator, Wendi Hauser at wendi@ibescholarships.org.