GA GOAL Scholarship Program Inc. Tax ID # 65-1280229
There has been a major breakthrough in the efforts to bring school choice to Georgia. In 2008 Georgia lawmakers passed HB1133, which allows individuals and businesses to redirect their state income tax dollars by making a contribution to an approved student scholarship organization. That contribution will be treated as a tax credit. So, whatever amount you contribute to an SSO, you will owe that exact amount less to the state when you file.
This law allows these scholarship organizations to receive money from taxpayers and respond to scholarship requests from participating schools like Killian Hill Christian School. These scholarship funds are available to students who are presently in a public school or currently enrolled students who are entering kindergarten or first grade level who meet certain scholarship requirements. Each year the funds awarded may vary based on the amount raised and the number of applicant families.
Your Choice, Your Money, Your School
You are already paying income taxes to the state. Why not redirect some of those taxes to this opportunity to bless a family who would not otherwise be able to afford a Christian school education? You now have a choice how your state tax dollars are spent!
Married couples filing jointly, S corporations and LLC’s, can contribute and receive a tax credit up to $2,500. For those who file as individuals, the limit is $1,000. If you are the owner of a “C” corporation, you can contribute and receive a tax credit up to 75% of your Georgia income tax liability!
Is there a website address for the scholarship program that Killian Hill Christian School is using?
Yes, we are working with Georgia GOAL Scholarship Program and their website address is www.goalscholarship.org
What is the intention of the new law?
The law is designed to give school choice to families currently in the public school system and who have limited income.
What is the maximum amount I can contribute?
a). Single individual or head of household – $1000;
b). A married couple filing a joint return – $2500;
c). 75% percent of a C corporation’s income tax liability;
d) $2500 for an S or LLC corporation.
Will my contribution go to KHCS students only?
You will be able to designate KHCS when you send your contribution to Georgia GOAL but you will not be able to designate a particular student.
You can be part of this wonderful plan at no expense to you! Please take advantage of this opportunity!
What do I need to do to participate?
NEW! Online Paperless Process at: www.goalscholarship.org
Takes you through these steps
1. Fill out the GOAL Tax Credit Form (Prequalifying process) which gets processed by the Department of Revenue. The DOR will approve it and mail it back to you. From the approval date, you have 60 days to make your contribution.
2. Attach your contribution check made payable to GA GOAL Scholarship Program with Killian Hill Christian School in the memo line, and return your approved form and checks to KHCS: OR pay by credit card or bank draft online through the paperless process.
Killian Hill Christian School
(Attention: Meredith Buckland)
151 Arcado Rd SW
Lilburn, GA 30047
3. Get Credit!
4. GOAL will send you a confirmation Form IT-QEE-SSO1 which, along with the approved Form IT-QEE-TP1 (Prequalifying Form), and Form IT-QEE-TP2 you will need to send in with your state tax return in order to claim the Education Expense Credit.
Is there a maximum that the student can receive?
Yes, the maximum scholarship is 50% of the KHCS tuition or $9,046, whichever is less.
Can the same student receive scholarship money for more than one year?
Yes, students must qualify each year but there is no time limit to receive the scholarship money.
Is there a deadline to contribute?
Donors must contribute to Georgia Goal within 60 days of the approval date printed on the Georgia DOR approval letter.
Can I designate my contribution particular student?
No, but you can designate the school by putting the school’s name in the memo section of your check.
How does the DOR know when to stop approving contributions?
The DOR tracks amounts that have been committed using the IT QEE TP1 form. Approvals of contributions stop when $51.5 million is reached in each calendar year. Approvals are made on a first come, first served basis.
What if a contributor over estimates state taxes and pays too much to Georgia GOAL Scholarship Program?
The amount paid in can be rolled over to the next tax year for up to five years.
What if a contributor changes his mind about the amount he wishes to contribute after he receives approval from the state?
The amount can be changed to a lower amount. A contributor cannot increase the amount he had previously designated on the prequalification form. But the amount that is prequalified is the amount that gets applied to the statewide cap.
Where do contributors designate which school they wish to appropriate funds?
Contributors can designate the school of their choice in the memo portion of the check they write to Georgia GOAL Scholarship Program Inc. or on the Authorization form if using the Paperless Online process.
For those who would like to apply for a Goal Scholarship…
If you are reading this and wondering how you could receive the blessing of a GOAL scholarship at Killian Hill Christian School, here are the steps you need to take:
1. Learn about KHCS so you can make a wise decision about which Christian school is best for your family. You should visit the schools’ website at www.khcs.org and call the school for an information packet.
2. Call the school and make an appointment to be given a tour of the facilities or attend one of our Open House presentations.
3. If you would like to attend KHCS, fill out an application for enrollment.
4. The school will take you through the normal enrollment process and notify you regarding acceptance for your student and approval for your scholarship request.
To find more information about the Georgia GOAL Scholarship Program please follow the link below.