Georgia Private School Tax Credit

Make a significant impact at The Schenck School by participating in the Georgia Private School Tax Credit Program through Georgia GOAL.

This program enables state residents to redirect a portion of their Georgia tax liability to support financial aid at The Schenck School.

By participating in this program, you help us provide essential financial aid to students with dyslexia, ensuring they receive the specialized education they need. Each year, Georgia sets aside a capped amount oftax credits for residents and C Corporations that donate to qualified Student Scholarship Organizations (SSOs). To take part in this impactful program, apply for the tax credit and make a payment to Georgia GOAL. When you designate The Schenck School as your recipient, your donation will be converted into dollars allocated toward financial aid for deserving students attending The Schenck School.Please note that this program is separate from The Schenck School’s Annual Fund.

FAQs

How does Georgia Private School Tax Credit work?

We have partnered with Georgia GOAL, a state-approved Student Scholarship Organization (SSO), to enable our community to take advantage of this program. With a donation to the Georgia GOAL Scholarship Program, a Georgia state income tax credit is available to you for the tax year the donation is made. Your donation also means you may be allowed a charitable contribution deduction on your federal tax return.

Learn More about the Georgia GOAL scholarship Program

Who qualifies for the scholarship?

To be eligible for an SSO scholarship through Georgia GOAL, students must meet certain criteria set by the state: Pre-K, Kindergarten, and 1st Grade Students: Children eligible to enroll in these programs at a Georgia qualified public school can receive an SSO scholarship. Current Public School Students: Students who are currently enrolled in a Georgia public school qualify for the scholarship. 2nd Grade and Beyond: Students in 2nd grade and higher must have attended a public school for at least 45 days immediately before enrolling in a private school to be eligible.

When should I submit my application?

To ensure your participation in the Georgia Private School Tax Credit Program, it’s crucial to make your allocation as soon as possible. The state has placed a yearly cap of $120 million on the amount of available tax credits, which means there is a limited pool of credits for all participants.

The cap has been reached each year. By submitting your application and making your allocation early, you increase the chances of securing your tax credit and supporting students at The Schenck School.

Once funds are deposited, they are immediately available to help families seeking an educational choice for their children. Therefore, acting promptly ensures your contribution has the desired impact.

How do I allocate my gift directly to Schenck?