Founded by Arizona-based philanthropists Doug Fougnies and Larry Day in 2013, the Arizona Education & Scholarship Opportunity Program (AESOP) exists to provide Arizona families with expanded education opportunities for their students.
AESOP is proud to announce that in school year 2020-21, it awarded $817,826 (45%) of A.R.S. §43-1501 (the "Corporate Low Income" program) scholarship dollars to students with household income less than 185% of the federal poverty line, and $1,004,775 (55%) of those dollars to students with household income between 185% and 342.25% of the federal poverty line. Additionally, AESOP awarded $11,386 (52%) of A.R.S. §43-1601 (the "Individual Original/Switcher" programs) Original scholarship dollars to students with household income less than 185% of the federal poverty line, and $10,381 (47%) of those dollars to students with household income between 185% and 342.25% of the federal poverty line. Finally, AESOP awarded $0 Switcher scholarship dollars to students with household income less than 185% of the federal poverty line and $6,020 (15%) of those dollars to students with household income between 185% and 342.25% of the federal poverty line.
