Arizona Tax Credit
Did you know, Arizona offers its residents and select corporations an opportunity to redirect a portion of their Arizona tax obligation in support of the financial aid program of their favorite independent school? These tax contributions fund Gregory School scholarships and are essential to our ability to provide tuition assistance to qualified students with financial need.
12.7% of our students receive needs-based financial assistance thanks to your tax contributions! Will you help us give more?

Individual Tax Credit FAQs
Maximum credit amounts for tax year 2026 is $1,571 for single/filing separately or $ 3,131 for married/filing jointly.
The deadline for the 2026 tax year is April 15, 2027.
Yes! These are two separate programs. Receiving an ESA scholarship does NOT prevent you from contributing your state tax dollars.
Yes! Receiving tuition assistance as a result of the state tax credit program does not disqualify you from contributing to the program.
No. Your contribution cannot be designated specifically for your own child. You also cannot make a deal with another parent to donate for each other’s children (“swapping”). The STO must have the freedom to decide which students receive scholarships, but some have the option to recommend a specific student.
Corporate Tax Credit FAQs
Your company can fund scholarships for students who need them at NO net cost to your corporation. By making a corporate tax credit contribution, companies can redirect the taxes they would otherwise pay to the state to fund scholarships for Gregory School students with demonstrate financial need.
Similarly to individual contributions, companies can redirect their Arizona tax dollars to an STO at no cost, helping need-based students attend TGS and other private schools instead of sending those tax dollars to the state.
Currently, only C-Corporations, S-Corporations, LLCs with an S Election, and Insurance Companies that pay premium taxes in AZ qualify to participate in the Tax Credit Program.
- C-corporations may contribute the total of their annual state income tax or insurance premium tax liability as long as the low-income corporate tax credit cap has not been met. Credits may be carried forward for up to five (5) years if a corporation contributes more than their tax liability in the year they donate.
- S-corporations may contribute the total of their annual state income tax or insurance premium tax liability as long as the low-income corporate tax credit cap has not been met. There is a minimum contribution amount of $5,000. Credits are passed on to the shareholders proportionally. Credits may be carried forward for up to five (5) years if a corporation contributes more than their tax liability in the year they donate.