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Federal Scholarship Tax Credit in New York

Kathy Hochul
Kathy Hochul
Governor of New York
Democrat
Not Yet Opted In
Governor Hochul has not filed Form 15714 with the IRS, so K-12 students in the state still don’t know if they can benefit from FSTC-funded scholarships in 2027.

Governor Hochul announced in May 2026 that she expects to participate in the FSTC, allowing K-12 students in New York to benefit from these scholarships. Key political allies such as the New York Union of Teachers have pressured Governor Hochul to reverse her decision, but she has consistently rebuffed them, noting that public K-12 students will be the largest beneficiaries of FSTC-funded scholarships.

What This Means for New York

Until Governor Hochul opts in, New York’s elementary and secondary students will NOT have access to FSTC-funded scholarships. The governor still has time to act.

Meanwhile, SGOs, schools, tutoring programs, and other education providers are delaying important preparations in advance of January 2027 when the FSTC becomes effective.

New York's SGO List

Organizations eligible to receive federal scholarship tax credit donations in New York.

SGO Name For Families For Donors Scholarship Types
Treasury is not yet accepting State SGO Lists. Once they are posted, we expect to share them here.

If you represent an SGO that wants to be on the New York SGO List and hasn’t come to our attention, please email add.sgo@TheFSTCcoalition.org so you can be included.

News & Resources

News

Chalkbeat New York

New York Gov. Kathy Hochul intends to opt into federal tax-credit scholarship

May 2027 Read More
Resource

The74

3 to 1 in Favor — NYC Parents Weigh in on New Federal Scholarship Tax Credit

May 2026 Read More
Resource

What It Means for New York Families (New York State Catholic Conference)

Existing Educational Options in New York

K-12 scholarships funded by EFTC donations can be stacked on top of funding from other state programs. To learn more about what’s available in New York, click on the links below:

Take Action

Urge Governor Kathy Hochul to Opt In

Encourage Governor Hochul to let students in New York receive FSTC-funded scholarships. Here are a few points you might want to make:

  • Students in New York, including those in public schools, will only benefit from the federal scholarship tax credit if the governor opts in.
  • The federal credit does not take money from the state or local budgets. These scholarships are funded entirely through private charitable contributions.
  • If the governor declines to opt in, donors from New York will still get the tax credit, but their charitable contributions will go toward scholarships for students in a state that has opted in.
  • Because these scholarships support all students and a wide range of educational expenses, the federal scholarship tax credit is very popular among Republican, Independent, and Democratic voters.
Governor’s Office

Governor Kathy Hochul

518-474-8390
Executive Chambers
New York State Capitol Building
Albany, NY 12224
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