School Scholarship Tax Credit
Indiana
Average Value
$2,054
Schools Participating
381
Scholarships Awarded
11,405
Student Eligibility
About 98% of Indiana students are eligible for a scholarship. Children are eligible to receive scholarships if their family income does not exceed 400% of the guidelines needed to qualify for the federal Free and Reduced-Price Lunch (FRL) program ($220,000 for a family of four in 2024–2025). Children must be between ages 4 and 21 to participate. Current private school students qualify. _(Last updated July 22, 2024)_
Use of Funds
Qualifying expenses include tuition and expenses. _(Last updated July 3, 2024)_
Funding Amount & Source
Charitable donations made to SGOs fund the scholarships. Individuals and corporations may receive 50% tax credits for their donations to SGOs. SGOs determine scholarship amounts. Total credits claimed cannot exceed $18.5 million, meaning roughly 9,000 students can participate, or less than 1% of Indiana’s K–12 student population. The tax credits are not refundable. _(Last updated July 3, 2024)_
Legal History
No legal challenges have been filed against the program. _(Last updated September 20, 2024)_
Program Timeline
Program Enacted
Legislation passed to create the program
Program Launched
Program began accepting applications
Last Updated
July 22, 2024