For teachers, staff, and employees of participating organizations · about $65 per biweekly paycheck · same take-home pay
Choose your annual contribution (up to $1,700) and the school community you'd like to support. We confirm your details and generate your paperwork automatically.
You do thisBecause the federal credit reduces the tax you'll owe, you can claim it now by adjusting your own Form W-4 with your employer. We provide pre-filled, step-by-step instructions. It takes a few minutes and you can change it any time.
You do this · it's always your election New to W-4s? See how withholding works →About $65 less federal tax is withheld from your paycheck, and about $65 goes to the Foundation as your scholarship contribution. The two offset, so your take-home pay doesn't change.
Automatic via payrollYour contributions go into a dedicated scholarship account. You receive an official acknowledgment for tax filing (the IRS will issue donors a unique donor number under the new program). At least 90% of all funds become scholarships. That's federal law.
We do thisYour tax return includes the $1,700 federal scholarship tax credit, which matches the contributions you made all year. We send you a simple year-end statement; most filers just hand it to their preparer or type one number into their tax software.
One line on your returnFunds are awarded by the Foundation under federal eligibility rules and paid directly to schools: tuition support, tutoring, technology, trips, and equipment.
We do thisIllustrative example: $1,700 ÷ 26 biweekly paychecks ≈ $65. Actual figures depend on your pay schedule and tax situation.
Contributed over the year: $1,700 · Federal tax credit claimed: $1,700 · Change in your take-home pay: $0
Scholarships generated for your school community: $1,700, every single year you participate
Grab your latest paystub. Three numbers is all it takes. Nothing is saved or sent anywhere; this runs entirely on your screen.
Available beginning January 1, 2027 in participating states. The federal credit is nonrefundable; it offsets federal income tax you owe (at least $1,700 of federal tax liability is needed to use the full credit in one year, and unused amounts carry forward up to five years). Withholding changes are always your own election on Form W-4 and can be reversed at any time. In plain words: this page simplifies how the program works, and it isn't tax advice. Everyone's situation is different, so before you act, please review your plans with your accountant or tax professional, starting with the official sources below.
Sources: IRS · Federal Scholarship Tax Credit · IRS · Tax Withholding (Form W-4) · ED/Treasury Fact Sheet