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Oct 1, 2026

Treasury releases rules for nation's first federal school voucher program

The Trump administration released regulations Thursday for a new federal tax credit program that allows married couples to receive up to $3,400 in credits for donations funding private school and homeschooling scholarships. Nearly all schoolchildren in at least 30 states will be eligible to apply for the scholarships, with the Treasury estimating more than 11 million taxpayers will contribute a combined $26 billion annually.

Oct 1, 2026·6 sources
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Top claims

  • ▪The Federal Scholarship Tax Credit program was signed into law in 2025 by President Donald Trump as part of a signature tax breaks and spending cuts bill.
  • ▪The Treasury Department proposed regulations on October 1, 2026, to launch the Federal Scholarship Tax Credit, the nation's first federal school choice scholarship program, on January 1, 2027.
  • ▪The Massachusetts Association of School Superintendents opposes the program, stating that local school districts lack the fundraising infrastructure of private school networks.

Subtopics

Education policy1Federal school voucher rules1Homeschooling1Tax policy1

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