Marshall Academy is excited to share information about the Education Freedom Tax Credit (EFTC), a new program launching January 1, 2027, designed to expand educational opportunities for K–12 students and strengthen independent schools.
Through this program, eligible taxpayers may receive a federal income tax credit of up to $1,700 per year for qualifying cash contributions to an eligible Scholarship Granting Organization (SGO). These organizations use contributions to fund scholarships for eligible K–12 students.
How Does This Benefit Families?
Scholarships may help eligible families access educational opportunities at participating schools and cover qualifying K–12 educational expenses. Families will need to complete an application and meet program eligibility requirements. Scholarship awards will depend on eligibility and available funding.
What Is AIMS?
AIMS (Advancing Independent Missions for Schools) is a Scholarship Granting Organization endorsed by the Mid-South Association of Independent Schools (MAIS) as its preferred SGO. AIMS was created to serve independent schools and their families by managing contributions, scholarship applications, eligibility verification, compliance, and reporting.
AIMS will provide a central resource for taxpayers interested in making qualifying contributions and families seeking information about scholarship opportunities.
Join Us for an Informational Meeting!
Marshall Academy invites all families and community members to attend an informational meeting featuring Jeremy Nicholas, CEO of AIMS SGO. He will explain the program, discuss the opportunities it may provide, and answer questions.
Date: December 3
Time: 6:00 PM
Location: Marshall Academy Gym
We encourage everyone interested in learning more about this opportunity to attend!
For additional information, visit aimssgo.org.
Final eligibility requirements, contribution procedures, and scholarship application details are subject to applicable federal requirements and program guidance.