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The GOAL Scholarship Program Helps Keep the Gears Turning

George Walton Academy is again a leader in the GOAL Scholarship Program, both in terms of raising dollars and in the prudent stewardship of our GOAL funds. We raised over $315,000 during 2014. The entire amount raised are Georgia State income taxes that our benefactors agreed to redirect to the GOAL program to benefit qualifying students with financial need so they can attend GWA. We want to encourage anyone interested in participating in 2015 to learn more about the program now.

The program helps the school’s financial position. During this school year, GOAL scholarships will add more than $226,000.00 in real dollars to the bottom line. In addition, all families of the 51 GOAL recipients pay a portion of the tuition expense that adds up to more than $192,000.00 in total tuition paid. The total positive impact on tuition income, therefore, is approximately $418,000.00.

If we did not participate in GOAL, tuition would undoubtedly increase per student. It is likely that none of the GOAL recipients would be able to attend without the scholarship. The GOAL recipients are spread across the three divisions, and the school would not be able to reduce expenses to any appreciable amount if those students left the school.

GOAL Scholarship Dollars $226 K
+ Families' Portion of Tuition $192 K
ADDITIONAL TUITION INCOME FOR GWA $418 K

  
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 Frequently Asked Questions

 GWA Partners with Georgia GOAL Scholarship Program

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.
 
That’s right!  A 2008 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.
 
GOAL uses these funds to provide private school scholarships to qualified students wishing to transfer from a Georgia public school.  Taxpayers can designate the school at which these scholarships will be awarded.  GWA has partnered with GOAL, so this means that the redirection of your taxes can be used to help assist with tuition for children who want to attend George Walton Academy.
 
What does this mean for you, our school and the children?
You are already paying income taxes to the state.  Why not redirect some of those taxes to help provide Georgia children 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 our school and to receive a quality, college-preparatory, private education.
 
When you redirect your Georgia income taxes to GOAL and designate George Walton Academy as the recipient school, GWA is then able to:
1. Use that money to provide tuition assistance for new, qualifying students,
2. Increase school enrollment, and
3. Increase the funds available to improve educational offerings for all our students.
 
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 George Walton Academy.
 
So, you have a choice:  to pay income taxes to the state of Georgia or to redirect some of those tax dollars to provide scholarship funds for eligible students to attend our school.  For more information on how to redirect your tax dollars to provide scholarships at GWA, please contact Jenni Cole at 770.207.5172 ext. 229, or jcole@gwa.com.  For more information about the Georgia GOAL Scholarship Program, please visit www.goalscholarship.org or click the link to read our Frequently Asked Questions.

GWA GOAL Scholarship Policies and Procedures

 

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