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In the United States, scholarship tax credits, also called tax credit scholarships, education tax credits or tuition tax credits, are a form of school choice that allows individuals or corporations to receive a tax credit from state taxes against donations made to non-profit organizations that grant private school scholarships. At the start of ...
Many 529 plans let you deduct contributions from your state income taxes, plus the growth and withdrawals are tax-free when used for qualifying education expenses. Student Loan Interest
The Arizona program survived a court challenge, ostensibly because tuition grants could go to religious schools. [20] Greater Opportunities for Access to Learning is the Georgia program that offers a state income tax credit to donors of scholarships to private schools. [21] [22] Representative David Casas passed school choice legislation in ...
School choice in the U.S. state of Florida is a suite of state programs that allow families to use public resources to receive education outside of their neighborhood public school. Florida's Tax Credit Scholarship (FTC) program is the largest of its kind in the U.S., with more students than all but the state's largest school districts. [1]
At that time, it launched its Fundsearch database of what was then 7,000 government funding programs and sources of capital. The capital markets section of the search engine, which now includes more than 3,500 queryable sources of financing, including bank, angel, venture capital, and private funders, launched in 2012.
Current tax law does not allow for a direct deduction of K-12 private school tuition from your taxable income. But you may qualify for other deductions.