State scholarship tax credit funds released

The State of Indiana offers a School Scholarship Tax Credit for individuals or corporations who donate to scholarship-granting organizations (SGOs). There is currently $8.7 million remaining out of $9.5 million that was allocated effective July 1, 2016. These credits are available until the $9.5 million in allocated tax credits are completely claimed or June 30, 2017. If you want to consider making a scholarship donation which qualifies for the Indiana Tax Credit, we suggest you do so right away. Click here for more information.