Georgia Private School Tax Credit Program
Each year, the Georgia Private School Tax Credit Program, combined with support from Westminster's endowed funds and annual Westminster Fund, plays a critical role in the School's overall financial aid program. Participation in this program makes a real impact on the School's ability to enroll bright, motivated, and curious students regardless of their family's ability to pay full tuition.
Westminster partners with Georgia GOAL, the state's leading Student Scholarship Organization (SSO). GOAL works with 158 independent schools throughout Georgia and has awarded scholarships to 20,000 deserving students since the program's inception in 2008. Currently, 112 Westminster students receive financial assistance through GOAL.
GOAL is currently accepting tax credit applications for the 2022 tax year; please click here to apply. Additionally, due to the increase in the overall state cap on this program to $100 million, there are still credits remaining for 2021. If you have not yet participated in 2021, you may do so at www.goalscholarship.org, so long as credits remain.
Please note that the Georgia Private School Tax Credit Program provides an opportunity for participants to redirect tax liability already owed to the State of Georgia to a restricted priority (financial aid) at a favorite independent school. Participation in the program, therefore, is not related to participation in the annual Westminster Fund.
The maximum redirections by filing method are:
|Filing Status||Contribution Level|
|Individual Filer||Up to $1,000|
|Married Filing Jointly||Up to $2,500|
|Married Filing Separately||Up to $1,250|
|Owner of S Corp, LLC or Partnership||Up to $10,000|
|S Corp, LLC or Partnership that elects to pay tax at the entity level||Up to 75% of Georgia income tax liability|
|C-Corp or Trust||Up to 75% of annual Georgia income tax liability|