INDIANA – Governor Mike Braun is encouraging both current and prospective Indiana Scholarship Granting Organizations (SGOs) to take advantage of the new federal education tax credit by applying now to become an approved SGO. Beginning in 2027, Hoosiers who make charitable donations to approved SGOs can collect up to $1,700 in federal tax savings for investments made in K-12 scholarships. This is in addition to any state tax credits they may receive.
Before this new federal education tax credit takes effect, now is the time to apply to become an approved SGO.
Qualified SGOs receive funding for school scholarships through private, charitable donations, which are then awarded to eligible Indiana students. Families can access these scholarships through approved SGOs to help cover qualified educational expenses, including tuition, fees, special education services, books, supplies, technology, tutoring, before- and after-school programs, and other qualified costs for children attending public or private schools…