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Federal Tax Credit Scholarships

A new way to support Montana students in 2027

Beginning January 1, 2027, the federal scholarship tax credit program provides eligible individuals with a tax credit for qualifying contributions to approved Scholarship Granting Organizations (SGOs).

Skola Scholarships is poised to participate in this program, with plans to support eligible Montana students beyond those attending The Skola.

The Tax Credit Benefit

Eligible individuals can receive a federal income tax credit equal to 100% of their qualifying contribution, up to $1,700 annually. Married couples filing jointly may each qualify, for a combined credit of up to $3,400.

How to Participate

  1. Express interest. Complete our Scholarship Giving Interest Form and select “Federal SGO,” or contact ian@theskola.org.

  2. Receive contribution instructions. We’ll provide payment instructions and explain the information needed to document your contribution.

  3. Make your contribution. Beginning in 2027, make a qualifying cash contribution.

  4. Receive confirmation. We’ll provide an acknowledgment and the information needed to claim your federal scholarship tax credit when filing your tax return.

Program is subject to federal and state guidelines. Please consult your tax advisor for additional information.

Learn more about the federal scholarship tax credit through the IRS.

Interested in Contributing?

Complete our Interest Form, and we’ll help you choose a program, explain the timing, and provide contribution or donation instructions.

Questions? Contact ian@theskola.org.

Tax benefits depend on eligibility, program approval, applicable limits, and individual circumstances. A contribution receiving a tax credit should not also be assumed to qualify for a charitable deduction. Federal scholarship credits must be coordinated with applicable state credits; the same contribution does not receive both a full Montana and a full federal scholarship credit. Please consult your tax advisor.