IRS / U.S. Treasury (Arkansas has opted in)
Federal Scholarship Tax Credit (IRC 25F)
A new federal tax credit starting Jan 1, 2027: donors can claim up to $1,700 for cash gifts to scholarship-granting organizations, which fund student scholarships. Arkansas has opted in.
- Amount
- Donors may claim a credit for cash gifts up to $1,700 to Scholarship Granting Organizations
- Can a for-profit school apply?
- Unclear: ask the funder
- Deadline
- Next round not posted
- Who this fits
- Private school · MicroschoolWill fund scholarships for K-12 students. Whether microschool or homeschool costs count is not settled.
- New schools
- Not stated for new schools
- Where
- National
- Last checked
- Oct 1, 2026on irs.gov
Unconfirmed: check with the funder
We couldn’t confirm these on an official page. Treat them as open questions, not facts.
- Arkansas's list of scholarship organizations and its certifying agency (due by Feb 15, 2027).
What to do now
- Step 1: Watch for Arkansas's scholarship-organization list (due Feb 15, 2027)
Funders change their requirements. Check the official page before you apply. Getting ready? See what funders usually ask for.
Who can apply
“Beginning Jan. 1, 2027, individual taxpayers may be able to claim a Federal Scholarship Tax Credit (FSTC) for certain cash contributions up to $1,700 to Scholarship Granting Organizations (SGOs)”
Which students and schools qualify depends on the federal rules and on Arkansas's choices, which aren't final yet. Ask a tax professional before combining it with PIAK.
Timing
Starts Jan 1, 2027. The IRS lists Arkansas among 30 states that opted in for 2027 (as of Sept 14, 2026). States' scholarship-organization lists are due by Feb 15, 2027.