On July 4, 2025, H.R. 1 - commonly known as the “One Big Beautiful Bill” - was signed into law. Among its many provisions is a measure that could prove to be a turning point in helping families afford private education.
Section 70411 of the law provides a dollar-for-dollar tax credit of up to $1,700 per taxpayer for donations made to eligible Scholarship Granting Organizations (SGOs). These organizations, in turn, distribute scholarships to families seeking private education for their children.
Unlike a traditional tax deduction, a tax credit directly reduces the amount of tax owed. This makes charitable giving to SGOs a highly effective way to support education. In practical terms, taxpayers may choose to direct up to $1,700 to an SGO rather than pay that amount in federal taxes. For families who pay at least $1,700 in federal taxes annually, this presents a simple and impactful opportunity to support private education.
For schools like Veritas Preparatory School, the potential impact is significant.
“One of the most common barriers families face when considering private education is cost,” said Veritas Assistant Headmaster David Ernst. “Scholarship programs funded through SGOs can help bridge that gap, making a classical, Christ-centered education accessible to a broader range of students who might not otherwise be able to afford it.”
Interest in private education options such as Veritas continues to grow. Many families are seeking strong academics, structured classrooms, and a Christ-centered environment for their children. The SGO tax credit could serve as a powerful tool for generating community-based funding - creating a win-win scenario for both donors and families.
For taxpayers to take advantage of the credit, states must opt into the program, and SGOs must receive federal approval. Nevada officially joined the program on January 23 of this year under Governor Lombardo, meaning that donations made to qualified SGOs on or after January 1, 2027, will be eligible for the tax credit.
“We are already pursuing the creation of a qualified SGO that can focus on access for local students,” Ernst said. “There are many engaged community stakeholders working to ensure that we have an SGO in place that can begin receiving tax-qualified donations on January 1. Those funds can then be used to provide full or partial tuition assistance for students in the 2027-2028 school year.”
How Families Can Help Now
While the program does not take effect until 2027, families and supporters can begin preparing now.
“Take time to learn about the provisions of the law,” Ernst encouraged. “Help spread the word and raise awareness so we can generate as much support as possible when the program begins.”
For Veritas Preparatory School, the opportunity is clear: greater access for families, stronger community partnerships, and the ability to serve more students seeking a rigorous, values-based education.
As this new funding pathway takes shape, we remain hopeful that it will open doors for many families and strengthen the future of private education in the community.
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