Benefitting from the Education Freedom Tax Credit (EFTC)
The EFTC is the best investment for those looking to make an impact in Indiana.
Individuals who contribute to the Institute for Quality Education Scholarship Granting Organization (IQE SGO) will receive a 100% federal tax credit (up to $1,700 per taxpayer). It is a rare opportunity to transform your tax liability into a rewarding investment in the future of Indiana students.
IQE has a proven track record of administering tax credit scholarship programs and is prepared to lead the administration of the EFTC. Your contribution becomes a high-impact, flexible investment in each student’s unique journey. From covering transportation costs to expanding school choice, your support eliminates obstacles for Hoosier students, allowing them the access to a quality education.
Check Your Tax Benefit
Estimating your potential tax credit helps you fully understand the impact of your support.
Use our calculator below and see exactly how much you could receive in tax benefits.
EFTC True Cost of Giving Calculator
See how the Education Freedom Tax Credit can reduce the actual out-of-pocket cost of your contribution. Donors may receive a 100% federal tax credit on the first $1,700 contributed.
Enter the amount you plan to contribute.
Select Standard Deduction if you are not itemizing. Otherwise, choose your estimated federal tax bracket.
Note on Program Status: As this is a new federal initiative, we are currently awaiting final guidance from the U.S. Treasury, which is expected in Fall 2026.
Getting Answers
Frequently Asked Questions
Find answers to common questions about making a contribution, claiming your tax credit, and directing your support through the Education Freedom Tax Credit Scholarship.
Making a donation is easy and secure. Donors may give online, by mail, or in person using one of our accepted payment methods.
Once your donation is received and processed, IQE will provide an official donation receipt. This receipt serves as the documentation you will share with your tax preparer when determining any charitable benefits.
Yes. Donors have the option to specify one or more schools for their contributions.
No. Donors aren’t able to select a particular student to receive their scholarship.
However, they can direct their donation toward a specific school or type of expense, such as tutoring, before and after school care programs, or give to the area of students with greatest need.