Contributor Benefits

The Education Freedom Tax Credit allows individual taxpayers to support K–12 education scholarships while receiving a federal income tax credit for qualified contributions.

Key features include:

• A non-refundable 100% federal income tax credit of up to $1,700 per taxpayer per year
• Unused credits may be carried forward for up to five additional tax years
• Contributions fund scholarships for eligible students through approved Scholarship Granting Organizations
• The federal credit must be reduced by any state tax credit received for the same contribution
• Contributions receiving the federal credit may not also be claimed as a charitable deduction

The program is designed to encourage private support for education while maintaining
clear statutory safeguards.

Contributor Eligibility

Individuals who are U.S. citizens or residents may be eligible to claim the Education Freedom Tax Credit when making qualified cash contributions to approved Scholarship Granting Organizations.

Important considerations include:

• Only individual taxpayers may claim the federal credit
• Businesses and entities do not claim the federal credit
• Contributions may not be earmarked for specific students
• Contributions must be made to an approved Scholarship Granting Organization in a participating state

Specific reporting requirements, forms, and administrative details will be clarified through IRS and Treasury guidance.

Make an EFTC Contribution

The opportunity to make a contribution goes live on January 1, 2027. On that day, the button above will take you to a custom, secure and dedicated portal through which you may contribute.

In the meantime, please feel free to stay informed to keep up to date!

Also Consider Making a State Level Contribution

For interest in contributing to a state scholarship tax credit program completely separate from the EFTC, please consider one the programs below in which Renew Scholarships is currently operating.