HOUSTON, Jan. 19, 2022 /PRNewswire/ -- Conn's
HomePlus (NASDAQ: CONN), a specialty retailer of furniture,
mattresses, home appliances and consumer electronics, has
contributed $174,000 to Step Up For
Students, helping 23 deserving Florida schoolchildren access the right
education to help them succeed.
This is the first year Conn's HomePlus has partnered with Step
Up For Students to contribute to the Florida Tax Credit
Scholarship Program, an income-based scholarship program funded by
tax-credited contributions from corporations. The K-12 scholarships
allow Florida students to pursue
and engage in the best learning environments for their individual
needs by attending a private school or public school other than
their zoned district school.
A recent study done by the Urban Institute, a Washington, D.C. based think tank, on the
effectiveness of the Florida Tax Credit Scholarship Program found
that students on scholarship for four or more years were up to 99%
more likely to attend a four-year college than their peers in
public school, and up to 45% more likely to earn bachelor's
degrees.
"At Conn's HomePlus, we are committed to supporting students and
families in the communities where we live and work," said
Chandra Holt, Conn's HomePlus
President and CEO. "We believe in the mission of Step Up For
Students and are excited to partner with them to help provide
Florida students the educational
options they need to succeed."
During the 2020-21 school year, nearly 100,000 Florida students benefited from a Florida Tax
Credit scholarship administered by Step Up for Students. About 57%
of these scholars are from single-parent households and nearly 68%
are Black or Hispanic. The average household income of families
accepted to receive scholarships is $25,755 – a mere 9% above poverty. More than
1,800 private schools participate in the scholarship program
statewide.
"With the support of Conn's HomePlus, even more students in
Florida will be given access to
the educational environment that works best for them," said
Doug Tuthill, President of Step Up
For Students. "We are grateful for Conn's HomePlus'
generosity and commitment to helping families and students
throughout Florida."
About Conn's HomePlus
Conn's HomePlus is a specialty retailer currently operating 150+
retail store locations in Alabama,
Arizona, Colorado, Florida, Georgia, Louisiana, Mississippi, Nevada, New
Mexico, North Carolina,
Oklahoma, South Carolina, Tennessee, Texas and Virginia.
The Company's primary product categories include:
- Furniture and mattress, including furniture and related
accessories for the living room, dining room and bedroom, as well
as traditional and specialty mattresses;
- Home appliance, including refrigerators, freezers, washers,
dryers, dishwashers and ranges;
- Consumer electronics, including LED, OLED, QLED, Ultra HD, and
internet-ready televisions, gaming consoles, home theater and
portable audio equipment;
- Home office, including computers, printers and accessories;
and
- At-home fitness equipment, including treadmills, ellipticals
and studio cycles.
Additionally, Conn's HomePlus offers a variety of products on a
seasonal basis. Unlike many of its competitors, Conn's HomePlus
provides flexible in-house credit options for its customers in
addition to third-party financing programs and third-party
lease-to-own payment plans.
About Step Up For Students
Step Up For Students is a
non-profit organization that helps administer the donor-funded,
income-based Florida Tax Credit Scholarship Program. The
scholarship program provides tuition assistance to the private
school of their parents' choice, or financial assistance to offset
the transportation cost to an out-of-district public school.
Since 2002, Step Up For Students has awarded more than 1 million
Florida Tax Credit Scholarships.
In February 2019, the Urban
Institute, a Washington,
D.C.-based think tank, released results of a study on the
effectiveness of the Florida Tax Credit Scholarship Program, the
nation's largest private K-12 scholarship program. The study found
that students on scholarship for four or more years were up to 99%
more likely to attend a four-year college than their peers in
public school, and up to 45% more likely to earn bachelor's
degrees.
Step Up also helps administer that state-funded the Family
Empowerment Scholarship for Students with Unique Abilities, plus
three other scholarships, the income-based Family Empowerment
Scholarship for Educational Options, the Hope Scholarship for
public school students who are bullied, and the Reading Scholarship
Accounts for third- through fifth-grade students enrolled in public
school who struggle with reading.
For more information, visit www.StepUpForStudents.org.
The Zimmerman Agency
conns@zimmerman.com, 850-668-2222
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SOURCE Conn's HomePlus