New Hampshire Education Tax Credit Program
New Hampshire’s Education Tax Credit program (RSA 77-G), established in 2012, allows businesses, foundations and individuals to receive an 85% state tax credit against the Business Profits Tax, Business Enterprise Tax, or Interest and Dividends tax for donations to approved Scholarship Organizations. Those organizations use the funds to award K–12 scholarships to income-eligible students.
How Families Access Scholarships: Families do not apply for the tax credit themselves. Instead, they apply directly to an approved Scholarship Organization. The primary SO is the Children’s Scholarship Fund New Hampshire (CSF NH), which administers both the EFA program and ETC scholarships statewide.
Annual Cap: $5.1 million in total tax credits, which supports roughly 1,700 scholarship students per year at current award levels. Funds are limited by donations received in a given year.
Federal Education Tax Credit (Coming 2027): New Hampshire opted into the new federal Education Tax Credit program in January 2026. Donors will be able to claim a federal credit (up to ~$1,700) for donations to qualifying SGOs once the program goes live. The donation to an SGO under the Federal Education Tax Credit cannot be the same donation under the New Hampshire Education Tax Credit program (they must be two separate donations).