The Regents Examinations are a series of standardized tests given to high school students in New York. New York requires all high school students to pass standardized tests in order to meet graduation requirements. While Enlightium Academy does not require its students to take the Regents, it is a method of testing available to high school students in New York that allows students to meet the minimum requirements needed for graduation.
Some states may require families to submit an IHIP. Additionally, New York State families that have filed an intent to homeschool with their local school district superintendent (also known as the Superintendent of Schools) and are enrolled with Enlightium Academy must submit an IHIP to the state that is signed by their student’s guidance counselor.
A standardized assessment allows the student, the family, the private school/homeschool program, and the state insight as to how the student is doing in his/her academics compared to other students around the United States who took the same assessment.
Illinois is one of the few states in the U.S. with a tax credit program. For being enrolled in a private school, families in Illinois can receive up to a $250 credit per dependent each school year. Parents can receive a credit of 25% of their expenses after the first $250; the maximum credit a family can receive is $750.
South Carolina offers a unique tax option: a refundable tax credit available to parents/guardians of students with special needs. South Carolina matches the federal definition of special needs as a “child with a disability”; more can be found at 34 CFR 300.8. The parents/guardians must also believe that the public school district that the student would be attending, if not enrolled in a private school, would not meet the student’s needs.
Minnesota’s K–12 Education Credit program is a refundable tax credit for education expenses outside of tuition. For families enrolled in Enlightium Academy, this can include tutoring minutes, books, and more. This tax credit lowers your family’s total tax liability.
Several states have K–12 private school education tax benefits, deductions, or refund programs. Please keep the following in mind:
- Enlightium Academy is legally a private school, not a homeschool.
- Enlightium Academy is accredited, an important distinction for several states in filing for tax benefits. Enlightium Academy is accredited by AdvancEd and the Association of Christian Schools International. More information can be found here.
- This article is intended to act as the first steps in preparing for filing; speak with a tax professional and/or conduct further research before filing.
- Laws are subject to change. Please note this article’s publication date.