Georgia Scholarship Tax Credit

Program Information

  • STC
  • Program Type: Scholarship Tax Credit Program, Corporate, Individual

Student Participation

  • Student must have attended public school the previous year or be entering pre- kindergarten, kindergarten or 1st grade
  • Be accredited or in the process of becoming accredited
  • Comply with the federal Civil Rights Act of 1964
  • Comply with all state private school regulations, including health and safety codes
  • Use at least 90% of contributions for scholarships
  • Make scholarships available for more than one school
  • Have an independent board of directors
  • Ensure donors cannot designate their donations to any individual student
  • Submit annually to the state:
    • Data on accepted contributions and tax credits approved
    • Independent review of financial statements by a certified public accountant
    • Total number of students and total dollar value of scholarships awarded each year
  • Publicly disclose annually:
    • Total number of scholarships approved
    • Total number and amount of donations received
    • Household income of scholarship recipients

Data Update

Schools Participating
N/A
SSOs Operating
24
2017 Donations
$53,438,854

Financial

Scholarship Cap
- 100 percent of state and local per-pupil funding - $9,817 for 2017-18 school year
Tax Credit Value
- 100 percent of donation
Donor Tax Credit Cap
- $1,000 single
- $2,500 married couple
- 75 percent of corporation's state income tax liability
- $10,000 for corporate pass-through entity
Statewide Cap
- $100 million