The tax credit scholarship program was designed to encourage private donations to allow low and middle income children an opportunity to attend a private school of their choice. Under HEA 1003, which was enacted in May 2011, the tax credit scholarship program was expanded and is now a component of the Indiana voucher program.
Scholarships awarded from this program represent the ability for a child who meets the voucher income limits to receive a voucher after having received a tax credit scholarship.
Families who meet the eligibility requirements can apply to certified scholarship granting organizations (SGOs) to receive a scholarship for their child to attend the K-12 public or private school of their choice.
Both corporate and individual donors are eligible to provide charitable donations to these SGOs in order to receive a 50% state tax credit from the state of Indiana, all while providing educational choices to families and opportunities to Hoosier students.
The total program cap is $7.5 million dollars; this could mean up to $15 million in potential scholarships statewide.
Non-Public School Eligibility for the Indiana Tax Credit Scholarship Program
Your non-public school is eligible to participate in the tax credit scholarship program if you meet the following requirements:
- You are accredited by a national, state, or regional accreditation organization approved by the Indiana Department of Education. To see a list of approved accrediting organizations, click here.
- You administer annual standardized tests, such as the ISTEP+ or another nationally-recognized, norm-referenced standardized test.
- You do not accept students from a scholarship granting organization (SGO) that is administered by a relative of a school employee or board member.
Participation in the Tax Credit Scholarship Program
To participate in the program, simply establish a relationship with a certified SGO. In Indiana, there are four approved SGOs: Choice Charitable Trust, Sagamore Institute, School Scholarship Granting Organization of Northeast Indiana, Inc., and The Lutheran Scholarship Granting Organization of Indiana, Inc.
Please contact us if you have additional questions.