New Mexico Scholarship Granting Organizations
Federal tax credit program (no decision yet) · SGOs coming soon
Federal Tax Credit Scholarship Program
No Decision YetNew Mexico has not yet decided whether to opt in to the federal scholarship tax credit program. If it does, taxpayers could claim a federal tax credit for SGO donations starting January 1, 2027.
New Mexico's federal opt-in status
No Decision YetThe governor's office said in 2025 that New Mexico would not participate; in 2026 it said it is seeking more federal guidance before a final decision.
- Opted in
- Not yet
- Official source
- web.ped.nm.gov
- Last verified
- September 25, 2026
No SGOs listed in New Mexico yet
New Mexico 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
- No Decision Yet
- 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)
Federal tax credit in New Mexico
Donate to a qualifying SGO in New Mexico and claim a federal tax credit of up to $1,700 ($3,400 MFJ) starting January 2027.
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