OUR PHILOSOPHY:
Financial aid is a self-managed process, which means that it is the responsibility of the parent(s)/guardian(s) (together referred to as “Parents”) to track a financial aid application from start to finish. Parents are responsible for ensuring all paperwork is received and all instructions correctly followed; otherwise, the application will not be processed. Although a student may receive financial aid in the form of a scholarship, the fulfillment of tuition obligations ultimately remains the responsibility of the parents. Scholarship funding is not guaranteed; therefore, parents should be prepared to secure alternative methods of meeting their financial obligations under the Tuition Agreement. No application for a GOAL scholarship or other financial aid will be considered without an application for enrollment.
FOR CONTRIBUTORS:
You are already paying income taxes to the state. Why not redirect some of those taxes to help current and future Peachtree Academy students with Greater Opportunities for Access to Learning? That’s what GOAL stands for, and it means that eligible children will have an opportunity to attend, and in many cases, remain at, Peachtree Academy Private School and receive a quality, college-preparatory, private education.
2012 GOAL Tax Credit Form FORM IT-QEE-TP1- 2012
WHO WOULDN’T LOVE A STATE TAX CREDIT?
The State of Georgia has created an opportunity for individuals and “C” corporations to redirect a portion of their Georgia state income tax to provide scholarships for eligible students to attend Georgia private schools.
This law allows individuals and corporations to receive a dollar-for-dollar Georgia income tax credit for redirecting a portion of their state income tax payments (up to $2500 in the case of a married couple filing jointly, up to $1000 for an individual, and “C” corporations up to 75% of their Georgia income tax liability) to the Georgia GOAL Scholarship Program.
WHO DOES IT HELP?
Peachtree Academy is an approved GOAL Scholarship school, which means a number of our students attend Peachtree Academy with assistance from the GOAL Scholarship Program. Once a student is on GOAL, they are on GOAL for the remainder of the time they attend Peachtree Academy.
Although it is referred to as a Scholarship Program, GOAL funds are not guaranteed year-to-year. Funding is completely dependent upon individuals who request that their State tax dollars be earmarked for GOAL. Without these funds, Peachtree Academy students who are eligible for GOAL must find alternative methods of paying tuition, which not possible for everyone.
When you redirect your Georgia income taxes to GOAL and designate Peachtree Academy as the recipient school, Peachtree Academy is then able to:
1. Use that money to provide tuition assistance for new, qualifying students,
2. Provide ongoing tuition assistance to existing students already receiving GOAL scholarship assistance;
and
3. Increase school enrollment.
When you choose to redirect your tax dollars in this way, it is a definite “WIN-WIN” situation for all those involved. Giving to GOAL not only satisfies your tax obligation to the State of Georgia, it also keeps those tax dollars here in our community earmarked for education at Peachtree Academy Private School
HOW DO I PARTICIPATE?
We want to make it as easy as possible for you to help. You need only to complete two short forms, provide your signature, write a check for the amount you wish to contribute, and send those items to JaNice Van Ness to be forwarded to Georgia GOAL and the Department of Revenue. GOAL will hold your check until they receive all approved forms, at which point Peachtree Academy will have funds available to provide scholarships. Contribution forms can be accessed on the Georgia GOAL web site www.goalscholarship.org.
For more information on how to redirect your tax dollars to provide scholarships at Peachtree Academy, please contact Janice at 770.860.8900 ext. 11, or janice@peachtreeacademy.com. For more information about the Georgia GOAL Scholarship Program, please visit www.goalscholarship.org.
FOR APPLICANTS:
HOW DO I APPLY FOR GOAL?
Peachtree Academy Private School is an approved GOAL Scholarship school. Families must be able to demonstrate a financial need by filling out a GOAL Scholarship Application and providing the previous year’s tax returns. The scholarship application, including all required paperwork, must be submitted at the same time the enrollment application for Peachtree Academy is submitted. GOAL Scholarship Program administrators will review the GOAL scholarship application and either approve or reject the request. Only those applicants in grades K-12 who are currently attending a public school are eligible to receive GOAL scholarship funds.
To apply for the GOAL Scholarship, simply download and complete the scholarship application below and submit it to Peachtree Academy along with the first two pages of your most recently filed Federal Tax Return (Form 1040). Click here to download the scholarship application for enrollment. For more information, go to www.goalscholarship.org.
CAN I APPLY FOR OTHER SCHOLARSHIPS?
The GOAL Scholarship Program is one of many School Scholarship Organizations (“SSO”) approved by the Georgia Department of Revenue; however, families are only permitted to receive one scholarship from one SSO per student. Although it is permissible for one child in a family to receive a GOAL scholarship and a second child in the same family to receive a scholarship from a different SSO, it is not permissible for one child to receive two scholarships concurrently from different SSOs.
Awards issued through School Scholarship Organizations may be transferred from one private school to another; however, Peachtree Academy, at its discretion, may refuse the award if the applicant fails to meet entrance requirements or if funds are not available to sustain the transferred award. If funds are not available, it is the responsibility of the parents to make other arrangements to meet their financial obligations under the Tuition Agreement. In the past, Peachtree Academy has accepted other SSO awards from ARETE Scholars Fund and AAA Scholarship Foundation. For information about applying for Arete or AAA, please visit aretescholars.org or aaascholarships.org