You are already paying income taxes to the state. Why not redirect some of those taxes to provide tuition assistance to financially eligible St. Luke School students?
Since 2013, St. Luke School has partnered with the Georgia GOAL Scholarship Program, a Student Scholarship Organization (SSO) created through the Georgia Education Expense Tax Credit Program. This program enables Georgia residents, corporations, trusts, LLCs, and partnerships the opportunity to designate a portion of their state tax liability to the school’s financial aid program. There is virtually no cost to participate, but it has a tremendous impact on St. Luke School’s ability to provide financial aid to students in need.
Many thanks to those who have participated in the GOAL program! We are deeply grateful for the additional financial aid support this program provides St. Luke School each year.
Frequently Asked Questions
How do I sign up?
Registration for the GOAL 2020 program is already in full-swing.
Apply online or download the application form to sign up today.
How does it work?
Participants apply to GOAL by December 31 each year. GOAL sends all applications to the Department of Revenue (DOR) on the first business day in January. The DOR will then send approval letters. Once approved by the DOR, participants must make their payments to GOAL within 60 days. Participants can take a state tax credit when filing their taxes the following spring.
There is virtually no cost to participate, and while participation is not a charitable donation, it has a tremendous impact on St. Luke School’s ability to provide financial aid to students and families in need.
There is virtually no cost to participate, and while participation is not a charitable donation, it has a tremendous impact on St. Luke School’s ability to provide financial aid to students and families in need.
What about pass through entities?
Individuals with ownership in S-corps, LLCs or Partnerships (pass-through entities) may contribute up to $10,000 to GOAL for a tax credit, providing even greater support for St. Luke School. For more information, click here.
Additional Information
- State & Federal Tax Impact
- IRS to Provide Possible Federal Deduction for Pass-Throughs
- 2020 GOAL Tax Credit Form
- Pass Through Entities FAQs
- Samples of Georgia Form 500- for Individual & Pass Through Owner
- 2018 GOAL Tax Filing Guidance
2019 GOAL Tax Filing Guidance coming soon.
- 2018 Tips for Claiming the QEE Credit using Turbo Tax
2019 Tips for Claiming the QEE Credit using Turbo Tax coming soon
