Tax Credit

The Georgia Private School Tax Credit Program allows Georgia residents and C-Corporations to redirect a portion of their Georgia tax liability to a Student Scholarship Organization (SSO) in support of the financial aid program at a private school of their choice. Participants receive a dollar-for-dollar tax credit on their state income taxes and a charitable deduction on their federal return.

The 2018 tax credit application is now open for submission.

How to Participate in the Tax Credit Program
Paperless – It’s fast and easy!
  1. Click here to complete the electronic form.
  2. No signature is required.
Printed forms to mail, fax or email.
  1. Click here to print the form.
  2. Mail, fax or email the completed form to Apogee at:
Apogee Scholarship Fund
3330 Cumberland Blvd, Suite 400
Atlanta, GA 30339

Fax: 404-419-7101

Apogee will remain in touch with you throughout the process and notify you by email (or letter if an email address is not provided) when your tax credit application is approved. In order to finalize your participation, Apogee must receive your payment within 60 days of the state's approval. Payment details will be provided in January.

Please visit the Apogee Scholarship Fund website for more information.

Apogee Scholarship Fund

Pace Academy partners exclusively with Apogee Scholarship Fund, a state-approved Student Scholarship Organization (SSO), to enable the Pace community to participate in the Georgia Private School Tax Credit program. By redirecting a portion of your Georgia state tax liability to the Apogee Scholarship Fund, you will receive a dollar-for-dollar tax credit that Pace uses to provide need-based financial aid to deserving students moving from public schools or entering Pace in Pre-First or first grade. You will also receive a charitable deduction on your federal tax return.

Pace Academy Financial Aid

Parents or guardians interested in applying for financial aid should contact Pace Academy's financial aid office at 404-240-7414. Visit the Pace Academy Tuition & Financial Aid page.

Georgia Department of Education

In 2008, the Georgia General Assembly passed House bill 1133, which provides individual and corporate taxpayers in the state of Georgia with the opportunity to redirect a portion of their state tax liability to qualified student scholarship organizations (SSO). The program supports financial aid programs at private schools of a taxpayer's choice.

Read more at the Georgia Department of Education website.

Your participation in the Georgia Private School Tax Credit program is not considered a donation to Pace Academy but rather a redirection of tax liability already owed to the state of Georgia. We hope you will continue to support The Pace Fund to help the school meet its other financial operating needs.

Tax Credit Limits

$2,500 married filing jointly
$1,250 married filing separately
$1,000 filing individually
$10,000 S-Corp/LLC/Partnership
75 percent C-Corp or Trust

Tax Credit FAQs

What is the Georgia Private School Tax Credit?

In 2008, the Georgia General Assembly passed into law the creation of Student Scholarship Organizations (SSOs) and set aside $50 million or more annually in tax credits to be redirected to an independent school of a taxpayer’s choice and to be used for need-based financial aid. These tax credits are available to anyone in Georgia with state tax liability.

How can these tax credits benefit Pace Academy and me?

You can redirect a portion of your Georgia income tax liability to provide need-based financial aid to qualified students who wish to attend an independent school and are entering Pre-First or transferring from a public school at any grade. You will receive a dollar-for-dollar tax credit on your state income taxes and a charitable deduction on your federal income taxes. The maximum limits are $1,000 for individual filers; $2,500 for married filing jointly; $1,250 for married filing separately; $10,000 for pass-through income received from an LLC, S-Corp or Partnership; and 75 percent of state tax liability for Corporations or Trusts.

How does it work?

Pace has partnered with Apogee Scholarship Fund, a state-approved Student Scholarship Organization (SSO), to help administer this program. By making a donation to Apogee, your Georgia state taxes are reduced by the same amount as your donation. You receive a tax credit statement to include when you file your state income taxes. You also receive a charitable deduction on your federal income taxes. Apogee in turn gives your tax credits to Pace Academy to be used for financial aid.

How do tax credit funds help the financial aid program at Pace?

Tax credit dollars are earmarked for students accepted to Pace in Pre-First or transferring from public schools at any grade. These families must demonstrate financial need and must apply for financial assistance through Pace’s Office of Financial Aid. Pace does not award merit-based scholarships. All financial assistance is need-based and must be applied for annually. Tax credit dollars are allocated for the duration of a student’s enrollment at Pace, assuming there is demonstrated need each year.

How many Pace students have received tax credit funds?

Since 2009, Pace has awarded financial aid using tax credit funds to 106 outstanding and deserving students across all divisions - Lower, Middle and Upper Schools. Our tax credit budget has steadily grown to allow us to support more students each year. These students are thriving in all areas of Pace student life including the arts, athletics, service and school leadership.

Does my participation in the Georgia Private School Tax Credit program count as a charitable deduction?

Participation is a redirection of your state tax dollars and is not considered a charitable gift to Pace. However, Pace recognizes tax credit participation in the school’s annual report. We hope you will continue to support The Pace Fund to help the school meet its other annual operating needs.

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