Map Shows Where 52 Million Children May Be Eligible for New Scholarships
Summary
Nearly 52 million children in the U.S. may qualify for scholarships under a new federal education tax-credit program starting in 2027. The program allows taxpayers to receive tax credits when donating to scholarship organizations that help families pay for various educational costs, but some states have not yet agreed to participate.Key Facts
- The Education Freedom Tax Credit (EFTC) was signed into law in 2023 and will begin in 2027.
- About 51.7 million students, or 91.7% of children nationwide, meet the income and eligibility requirements.
- Families earning up to 300% of the median income in their area may qualify for scholarships.
- Scholarships can be used for private school tuition, tutoring, career training, and after-school programs.
- Taxpayers who donate to qualified Scholarship Granting Organizations (SGOs) can get a dollar-for-dollar federal tax credit up to $1,700.
- The tax credit is nonrefundable but can be carried forward up to five years if unused.
- 31 states have agreed or plan to participate, but more than 20 million eligible children live in states that have not yet opted in.
- The largest numbers of eligible children are in California, Texas, Florida, New York, and Illinois.
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