SGOlist
Federal Tax Credit Scholarship Program

New Jersey Scholarship Granting Organizations

Federal tax credit program (opt-in pending) · SGOs coming soon

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Federal Tax Credit Scholarship Program

Pending

New Jersey has not opted in yet, but a formal step toward opting in to the federal scholarship tax credit program created by the One Big Beautiful Bill Act (signed July 4, 2025) is under way. If approved, taxpayers who donate to qualifying SGOs in New Jersey could claim a federal tax credit of up to $1,700 (or $3,400 for married filing jointly) starting January 1, 2027.

Federal Credit
$1,700 / $3,400 MFJ
Effective Date
January 1, 2027
Income Limit
300% AMI
Learn more about the federal program →See which states have opted in →

New Jersey's federal opt-in status

Pending

Gov. Sherrill will evaluate the program once federal rules are final; an opt-in bill (S4121) is pending.

Opted in
Not yet
Official source
pub.njleg.gov
Last verified
September 25, 2026
Compare New Jersey with every state on the tracker →

No SGOs listed in New Jersey yet

New Jersey has opted in to the federal scholarship tax credit program. Be among the first SGOs to list here and connect with families and donors.

Federal Program Details

Program
Federal Tax Credit Scholarship Program
State status
Pending
Federal tax credit
$1,700 / $3,400 MFJ
Effective date
January 1, 2027
Student income limit
300% of Area Median Income
Eligible grades
K-12
Enacted by
One Big Beautiful Bill Act (July 4, 2025)
Read the full explainer
For Donors

Federal tax credit in New Jersey

Donate to a qualifying SGO in New Jersey and claim a federal tax credit of up to $1,700 ($3,400 MFJ) starting January 2027.

Learn how it works →

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