Enacted 2008 • Launched 2008 • Tax-Credit Scholarship
Georgia provides dollar-for-dollar tax credits for donations to Student Scholarship Organizations (SSOs), nonprofits that provide private school scholarships. Individuals may
claim up to $1,000, and married couples filing jointly may claim up to $2,500. An individual who is a member of an LLC, a shareholder of an “S” corporation, or a partner in a partnership may claim up to $10,000 of their tax actually paid as a member, shareholder, or partner. Corporate taxpayers may claim up to 75 percent of their total tax liability. The program is capped at $58 million in tax credits per year.
Latest Stats (2011-12)
- Students participating: 13,285
- Schools participating: n/a
- Scholarship organizations: 38
- Average scholarship value: $3,388
Average scholarship value as a percentage of
Georgia’s total per-student spending ($9,432)
SSOs may determine the amount of each scholarship, capped only by the average state and local expenditures per student for public elementary and secondary education in the entire state.
All public school students are eligible if they have attended a public school for at least six weeks immediately prior to receiving a scholarship, as are students enrolling in pre-kindergarten, kindergarten, or first grade. Eligibility continues until a student graduates, reaches age 20, or returns to public school. SSOs may set their own eligibility guidelines.
No legal challenges have been filed against the program.
Rules & Regulations
- Income Limit: None
- Geographic Limit: Statewide
- Enrollment Cap: None
- Scholarship Cap: Full Tuition
- Testing Mandates: None
- Credit Value: 100%
- Credit Cap: Yes
- Program Cap: $58 million
Georgia Code, 20-2A and 48-7-29.13.
Robbie Rhinesmith | email@example.com
How to apply: http://www.gadoe.org/External-Affairs-and-Policy/Policy/Pages/Tax-Credit-Program.aspx