A major federal tax credit program was signed into law this summer, with the potential to provide scholarships for millions of students nationwide — including those in Arizona.

Here’s what we know so far:

• The program will begin with the 2027 tax year.
• It offers a 100% federal tax credit for individual taxpayers, up to $1,700 per year.
• States must choose to opt in to participate in the program.
• To qualify for a federal tax credit scholarship, a family’s income must be below 300% of the federal housing authority’s income guidelines.

At this early stage, the exact impact on tuition assistance for Arizona students remains unclear. The U.S. Department of the Treasury is currently working on the program’s rules and regulations, with a proposed framework expected by summer 2026.

We’ll continue to share updates as more details become available — including how your family might benefit from this opportunity.