Support KRCS

Georgia GOAL


In 2008, the Georgia General Assembly passed the Qualified Education Expense (QEE) Tax Credit bill, creating student scholarship organizations (SSOs) to which Georgia individual and corporate taxpayers can contribute in exchange for a state income tax credit. The SSOs use the contributions to award scholarships to students from K-12 public schools so they can attend the private schools chosen by their parents.

KRCS partners with Georgia GOAL, the state's leading Student Scholarship Organization (SSO). GOAL works with over 200 independent schools throughout Georgia and has awarded scholarships to 28,247 deserving students since the program's inception in 2008. During the 2024 program year, 77 participants requested to direct over $903,000 in tax credits to KRCS - a record amount for our school and a testament to our community’s dedication to the King’s Ridge mission.
 
Georgia GOAL is accepting tax credit applications through December 2024 for the 2025 tax year.
 
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 private schools for financial aid purposes only. Participation in the program, therefore, is not related to participation in The King’s Ridge Fund or any other KRCS fundraising campaign.

Georgia Goal FAQs

List of 7 items.

  • What is the Georgia GOAL Tax Credit Program?

    All Georgia taxpayers are eligible to receive a 100% state income tax credit in exchange for their contributions to Georgia GOAL. Funds raised through GOAL are used to provide tuition assistance for exceptional students desiring to attend eligible private schools.

    The overwhelming success of the GOAL program speaks volumes about its importance. Year after year, demand surpasses the state’s cap of $120 million within the first business day of the year. This leads to proration of all applications, as witnessed in 2024 when applicants received only 63% of their requested amount due to oversubscription. A similar scenario is anticipated for 2025.

    Through May 31, 2024, GOAL has awarded 72,614 scholarships worth $318 million to 28,247 students. 13,797 Georgia taxpayers made this possible by contributing a total of $56,642,096 to GOAL.
    Read More

  • Who qualifies for the scholarship?

    New, incoming students who are currently enrolled in a public school or any rising kindergarten students are eligible to receive these funds, provided that they qualify for need-based financial aid at KRCS.

    Our school has a Financial Aid Committee and specific rules and guidelines that preserve the program’s intended mission and transparency.  

  • How much of my Georgia taxes can I redirect to KRCS?

  • Who can participate in this program?

    Anyone who pays Georgia state taxes would be eligible to participate, whether they live in Georgia or not.

  • If I don't use all the tax credit that I filed for do I lose it?

    No! If you file your taxes as a single or either “married” option, you have two options. 
    • You can carry forward the tax credits you filed for up to five years.
    • You can also claim a return on the left-over tax credit. 
    • Unfortunately, if you are filing as a pass-through or C Corporation, you will not be able to carry forward your tax credit.

  • Questions?

    Lisa Kelly
    President
    Georgia GOAL
    770.828.4031                                  
       

  • What is the process of this program?

    • The first step is to decide how you want to file your 2024 taxes:

      • Single, married (jointly or separately),
      • As a pass-through (LLC, S Corp, or Partnership) and at an entity level or not, or
      • As a C Corp or Trust.

    • File your application for the appropriate amount, as determined by you or your accountant, on Georgia GOAL’s website: www.goalscholarship.org

    • On the first business day of January, Georgia GOAL will submit all applications to the Georgia Department of Revenue (DOR). The DOR will approve/prorate your application by mid-January and send you a written notification, including your 60-day payment deadline.

    • Pay Georgia GOAL by check or credit card before your payment deadline (in mid-March).

    • Georgia GOAL will send you a tax receipt in May 2024 to use when claiming the credit on your 2024 taxes.

King's Ridge Christian School

2765 Bethany Bend, Alpharetta, GA 30004 | Phone: 770.754.5738 | Fax: 770.754.9785