Preparing Schools and Organizations for a New Federal K-12 Scholarship Program
About the Foundation
K-12 Scholarship Foundation, Inc. is a single-mission nonprofit dedicated to expanding educational opportunity and promoting excellence for K-12 students.
The Foundation will be funded primarily through a new federal tax credit program and works directly with donors, schools, and membership organizations to administer scholarships effectively, transparently, and in full compliance with federal and state regulations.
The Federal Scholarship Program
Congress recently enacted a program that will provide $26 billion to support K-12 education nationwide. Beginning in 2027, taxpayers can contribute up to $1,700 per year to qualified nonprofit organizations, such as the K-12 Scholarship Foundation, and receive a dollar-for-dollar reduction in their federal tax liability. In other words, taxpayers can redirect a portion of their federal taxes to K-12 scholarships at no cost to the taxpayer. Donors may earmark scholarships for students attending a specific school or for members of a specific organization.
How Scholarships Support K-12 Students
More than 95% of K-12 students in participating states are eligible to apply for scholarships under the program.
Students attending public schools may receive scholarships to cover tutoring, educational materials and supplies, technology, transportation, after-school activities, and special education programs. Students attending private schools may receive scholarships to cover the full cost of tuition and fees.
All scholarship payments are made directly to schools and approved service providers.
Preparing for the 2027 Launch
In preparation for the program’s launch in January 2027, the K-12 Scholarship Foundation is actively working with schools and membership organizations to help them prepare for the program and to expand educational opportunities for students.
The K-12 Scholarship Foundation manages all administrative and regulatory aspects of the program, allowing schools and organizations to participate without cost or compliance obligations.
Interested in Learning More?
You owe it to your community to learn how your school can benefit from the Education Freedom Tax Credit beginning in 2027. Start the conversation to learn more about what this means for your school, and how K-12 Scholarship Foundation can fit into the picture.