Enacted 2009 • Launched 2010 • Tax-Credit Scholarship
Indiana’s School Scholarship Tax Credit program allows individuals and corporations to claim
a 50 percent tax credit for contributions to approved Scholarship Granting Organizations
(SGOs), nonprofits that provide private school scholarships. There is no limit on the dollar
amount of the tax credit that can be claimed, although the total amount of tax credits awarded
statewide is limited to $7.5 million.
Latest Stats (2012-13)
- Scholarships awarded: 2,890
- Schools participating: n/a
- Scholarship organizations: 4
- Average scholarship value: $880
Average scholarship value as a percentage of
Indiana’s total per-student spending ($9,479)
Each SGO determines the amount of the scholarships it distributes.
Children are eligible to receive scholarships if their family income does not exceed 200 percent
of the guidelines needed to qualify for the free and reduced-price lunch program ($85,286 for
a family of four in 2013). Children must be between five and 22 years of age to participate. Current private school students can qualify.
Also, qualifying students must either have been (1) enrolled in kindergarten, (2) a scholarship recipient in the previous school year from
a nonprofit organization that qualifies for certification as an SGO, or (3) a scholarship recipient
in the previous school year under this program.
No legal challenges have been filed against this program.
Rules & Regulations
- Income Limit: 200% x FRL
- Geographic Limit: Statewide
- Enrollment Cap: None
- Scholarship Cap: Full Tuition
- Testing Mandates: Yes-National
- Credit Value: 50%
- Credit Cap: None
- Program Cap: $7.5 million
Michael Chartier | email@example.com