EDUCATION FREEDOM TAX CREDIT
Make an CASF Education Possible
Beginning on January 1, 2027, the Education Freedom Tax Credit (EFTC) will offer eligible taxpayers a federal tax credit for qualifying scholarship contributions—up to $1,700 for individuals, or $3,400 for married couples filing jointly, under the proposed rules.
You don’t have to live in South Carolina to take advantage of the EFTC and help CASF. U.S. taxpayers nationwide can participate in the Education Freedom Tax Credit by making a qualifying contribution through an approved scholarship granting organization and directing their support to CASF. Because this is a federal tax credit, your state of residence does not prevent you from participating.
$3,400 covers four months of education at CASF for one student. That’s a potentially life-changing impact. Would you rather give that money to the federal government, or redirect it to students at a joyfully Catholic classical high school at essentially no cost to you?
This is a tax credit,
not a charitable tax deduction.
Tax Credit vs. Charitable Deduction
A tax credit reduces the tax you owe, dollar for dollar.
A charitable deduction reduces the income you are taxed on. The tax savings depend on your tax rate and whether you qualify for the deduction.
For example, a $1,000 credit can reduce your tax bill by $1,000. A $1,000 deduction at a 22% marginal tax rate would generally save $220, assuming the full deduction qualifies.
Credits and deductions each have eligibility rules and limits.
Making
Joyfully
Catholic
Education
Possible
Making Joyfully Catholic Education Possible
2025
““Education is simply the soul of a society as it passes from one generation to another.”
— G. K Chesterton