October 1, 2026

Federal Scholarship Tax Credit Program Set to Launch January 1, 2024

The Federal Scholarship Tax Credit program will launch on January 1, 2024, allowing broad eligibility for school-age children in participating states.
Approximately 96% of children in these states will qualify for scholarships to cover private schooling, homeschooling, and related educational costs.
Taxpayers can donate to scholarship organizations for federal tax credits, with the program expected to generate nearly $26 billion for up to 2.2 million scholarships annually.
The program allows public school students to utilize scholarships without leaving the public school system, directing funds toward tutoring and special education services.

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