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Tuition moneyNext round not posted

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
See the funder’s page↗(opens irs.gov in a new tab)

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

  1. 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)”
In the funder’s own words, from irs.gov, checked Oct 1, 2026.

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.

Related guides

  • How a microschool, private school or co-op actually gets money in Arkansas
  • Donations and crowdfunding for small schools: what's tax-deductible and how to raise money honestly
  • Scholarship tax credits: Arkansas PIAK and the new federal credit (2027)

Not legal or tax advice. Whether your school should be for-profit or a nonprofit, or take on a loan, is a decision for your CPA or attorney. Always confirm the details on the funder’s own page before you apply.

Spot something out of date? Tell us and we’ll re-check it against the funder’s page.

Homebook Funding Helper

This is not legal, tax or financial advice. Whether your school should be for-profit or a nonprofit, or take on a loan, is a decision for your CPA or attorney. Always confirm the details on the funder’s own page before you apply.

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