GOAL Results- 11-17-16- for Website

GOAL Announces Updated Program Results for 2016

Georgia GOAL Scholarship Program, Inc. ("GOAL"), the largest K-12 student scholarship organization ("SSO") operating under Georgia's Education Expense Credit law has announced its updated 2016 contribution and scholarship award results.

Click here to view the updated 2016 GOAL program results.

During 2016:

 9,953 Georgia taxpayers contributed a total of $16,196,791 to GOAL (this number is after DOR proration of $53.36%, due to overwhelming taxpayer demand).

Of the 2016 contributons, 54% came from individuals, 34% came from individual owners of pass-through businesses, and 12% came from corporations.

Since the inception of the program in 2008, GOAL has received $118,698,395 in contributions, which represents an estimated 32% of the approximately $327.9 million contributed statewide under the K-12 tuition tax credit program.

• Through 2016, GOAL has awarded 25,448 scholarships worth $93.5 million to 11,230 students, with an additional $24.8 million being obligated and reserved for the funding of multi-year scholarships that have been awarded or for the awarding of future scholarships.

The average value of the scholarship awarded to each student has been $3,675, with the balance of tuition costs being paid by scholarship families together with other financial aid provided by the participating private schools.

Since inception, the average adjusted gross income ("AGI") of the scholarship recipient families (as adjusted for family size) has been $26,483.

 GOAL has awarded over 50% of its scholarships to families with an AGI of less than $24,000 and 90% of its scholarships to families with an AGI of less than $48,000.

44% of GOAL scholarship awards have been provided to minority recipients.

GOAL has awarded 3,004 scholarships in north Georgia; 9,652 scholarships in metro Atlanta; 6,386 scholarships in central Georgia; and 6,406 scholarships in south Georgia.