Malvern Bank has awarded five a $20,000 Opportunity Scholarship Tax Credit (OSTC) fund, including Abington Friends School.

From Pennsylvania News Today:

The OSTC program, managed by the Pennsylvania Department of Community Economic Development, provides tax credits to eligible companies contributing to opportunity scholarship organizations. These donations are made by organizations to provide tuition assistance in the form of scholarships to eligible students living within the boundaries of lower grade schools to attend another public or non-public school outside the school district. will be used.

The other four schools awarded funds were the Baldwin School in Bryn Mawr, the Grayson School in Radnor, Media-Providence Friends School in Media and the Woodlynde School in Strafford.