G.R.A.C.E. Scholars, Inc.

The G.R.A.C.E. (Georgia Residents Assisting Children’s Education) Scholars Incorporation offers families the prospect to access a faith based, academically strong, and community based Catholic school in the State of Georgia. This website will review and answer any questions on how easy it is to become enrolled in a qualified school for a family and their children, as well as how to contribute to this cause and receive a 100% dollar-for-dollar tax credit. Explore and learn more about this opportunity!

Highlights of Georgia Law Passed in 2008

  • 100%, dollar-for-dollar tax credit allows tax payers to “redirect” (move your tax payment) to scholarships for students (one of a few states in the country)
  • Allows a total of $50 mm/year in tax credits
  • Credits go to individuals/corporation who donate to qualified Student Scholarship Organizations (SSOs)- maximum is $2,500/joint return; $1,000/single return; 75% of state tax liability/“C” Corporation
  • Scholarships must be granted to new entrants into the school system (i.e. 9th grade, kindergarten, accredited pre-kindergarten or transfer)

Highlights of G.R.A.C.E. Scholars

  • A qualified Student Scholarship Organization (SSO) established in 2008 by the Archdiocese of Atlanta and the Diocese of Savannah
  • The only SSO founded by Archbishop Gregory and Bishop Boland
  • Donors can designate which school gets the tuition assistance
  • Scholarship is for child's school "career"-money set aside year one and paid out annually- assuming continued eligibility
  • Dedicated to providing tuition assistance to children entering the Catholic Education system in Georgia

 

 


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