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RSA 77-G:2 · Scholarships

Title
V: TAXATION
Chapter
77-G · EDUCATION TAX CREDIT
Status
current
Official source linked
Yes
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77-G:2 Scholarships. –

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I.

(a) An eligible student may receive a scholarship to attend (1) a nonpublic school, except when the student has been placed by the local school district through the special education process; (2) a public school located outside of the school district in which the student resides and for which the public school is not eligible to receive an adequate education grant payment for the student in the current fiscal year, in an amount not to exceed the tuition cost of the public or nonpublic school; or (3) the cost of college or university, accredited tutor or tutoring facility, or distance education program. A home education student may also receive a scholarship to cover educational expenses. A student shall not receive a scholarship from more than one scholarship organization.

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(b)

The average value of all scholarships awarded by a scholarship organization, excluding eligible students who received scholarships for educational expenses related to home education only, shall not exceed $2,500. Beginning in the second year of the program, the commissioner of the department of revenue administration shall annually adjust this amount based on the average change in the Consumer Price Index for All Urban Consumers, Northeast Region, using the "services less medical care services" special aggregate index, as published by the Bureau of Labor Statistics, United States Department of Labor. The average change shall be calculated using the calendar year ending 12 months prior to the beginning of program year. In each of the first and second program years, a scholarship organization shall award a minimum of 70 percent of all scholarships issued to eligible students as defined in RSA 77-G:1, VIII(a)(1) and (2) and, notwithstanding RSA 193-E:5, shall notify the department of education of the unique pupil identifier and date of birth for each of these students granted a scholarship within 30 days following the end of each program year. The required minimum percentage of all scholarships issued by a scholarship organization to eligible students as defined in RSA 77-G:1, VIII(a)(1) and (2) shall be reduced by 5 percent each program year for years 3 through 15 of the program, and, at the beginning of the sixteenth program year and every program year thereafter, there shall be no required minimum percentage of scholarships.

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(c)

The minimum value of a scholarship granted to a student receiving special education programs or services pursuant to RSA 186-C shall be 175 percent of the maximum average scholarship size as defined in subparagraph (b).

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(d)

At least 40 percent of the scholarships awarded by the scholarship organization to eligible students as defined in RSA 77-G:1, VIII(a)(1) and (2) shall be awarded to students who qualified for the federal free and reduced-price meal program in the prior year.

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(e)

A student shall reapply each year for a scholarship.

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II.

Scholarship organizations may meet the percentage requirements of subparagraphs I(b) and (d) if, pursuant to a mutual agreement, the organizations aggregate their scholarship data and the aggregated data shows compliance with the percentage requirements. Source. 2012, 287:4, eff. June 27, 2012. 2017, 63:3, eff. Aug. 1, 2017. 2018, 357:7, 8, eff. July 1, 2018.

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Source note

Source. 2012, 287:4, eff. June 27, 2012. 2017, 63:3, eff. Aug. 1, 2017. 2018, 357:7, 8, eff. July 1, 2018.

Source history

  • 2012, 287:4, eff. June 27, 2012
  • 2017, 63:3, eff. Aug. 1, 2017
  • 2018, 357:7, 8, eff. July 1, 2018

Related materials

Bill relationships

  • 2026 HB1546 reference · effective 2027-01-01

    he general court and the governor an analysis of each of the past fiscal year's tax expenditures as identified in RSA 71-C:2, and other credits allowed under [RSA 77-A,] RSA 77-E, RSA 77-G, RSA 78, RSA 78-A, 78-B, RSA 82-A, RSA 84-A, RSA 84-C, and RSA 400-A. II. The report shall be divided into the following parts: (a) Tax expenditures as determined by the joint committee on tax expenditure review und

  • 2026 HB1546-FN reference · effective 2027-01-01

    he general court and the governor an analysis of each of the past fiscal year's tax expenditures as identified in RSA 71-C:2, and other credits allowed under [RSA 77-A,] RSA 77-E, RSA 77-G, RSA 78, RSA 78-A, 78-B, RSA 82-A, RSA 84-A, RSA 84-C, and RSA 400-A. II. The report shall be divided into the following parts: (a) Tax expenditures as determined by the joint committee on tax expenditure review und

  • 2026 HB1629 amend · effective 2027-07-01

    he general court and the governor an analysis of each of the past fiscal year's tax expenditures as identified in RSA 71-C:2, and other credits allowed under RSA 77-A, [RSA 77-E,] RSA 77-G, RSA 78, RSA 78-A, 78-B, RSA 82-A, RSA 84-A, RSA 84-C, and RSA 400-A. 9 Taxation; Tax Expenditure and Potential Liability Reports; Tax Expenditure and Potential Liability Report. Amend RSA 71-C:4, II(b)(1) to read as

  • 2026 HB1629-FN amend · effective 2027-07-01

    he general court and the governor an analysis of each of the past fiscal year's tax expenditures as identified in RSA 71-C:2, and other credits allowed under RSA 77-A, [RSA 77-E,] RSA 77-G, RSA 78, RSA 78-A, 78-B, RSA 82-A, RSA 84-A, RSA 84-C, and RSA 400-A. 9 Taxation; Tax Expenditure and Potential Liability Reports; Tax Expenditure and Potential Liability Report. Amend RSA 71-C:4, II(b)(1) to read as

  • 2026 HB1774 reference · effective 2026-07-01

    yer.” It is possible that this could apply to New Hampshire business tax returns filed by individual proprietors, where there is currently available an education tax credit under RSA 77-G of up to $510,000 per year, available to be carried forward for five additional years. The qualifying conditions with respect to scholarship organizations for both programs are similar enough that donations made in New

  • 2026 HB1774-FN reference · effective 2026-07-01

    yer.” It is possible that this could apply to New Hampshire business tax returns filed by individual proprietors, where there is currently available an education tax credit under RSA 77-G of up to $510,000 per year, available to be carried forward for five additional years. The qualifying conditions with respect to scholarship organizations for both programs are similar enough that donations made in New

  • 2026 HB1803 reference · effective 2026-07-01

    h part-time student, provided the student was not a participant in the education freedom account program under RSA 194:1, VII, or the business tax credit scholarship program under RSA 77-G during the determination year. Beginning July 1, 2017 and every July 1 thereafter, the department of education shall adjust the per pupil amount of the additional grant pursuant to RSA 198:40-d. 5 Education; Chartere

  • 2026 HB1803 amend · effective 2026-07-01

    me program year. Be it Enacted by the Senate and House of Representatives in General Court convened: 1 New Paragraph; Taxation; Education Tax Credit; Scholarships. Amend RSA 77-G:2 by inserting after paragraph II the following new paragraph: III. No student shall be eligible for a scholarship under this chapter during any program year in which the student is also eligible for or receiving fund

  • 2026 HB1803-FN amend · effective 2026-07-01

    me program year. Be it Enacted by the Senate and House of Representatives in General Court convened: 1 New Paragraph; Taxation; Education Tax Credit; Scholarships. Amend RSA 77-G:2 by inserting after paragraph II the following new paragraph: III. No student shall be eligible for a scholarship under this chapter during any program year in which the student is also eligible for or receiving fund

  • 2026 HB1803-FN reference · effective 2026-07-01

    h part-time student, provided the student was not a participant in the education freedom account program under RSA 194:1, VII, or the business tax credit scholarship program under RSA 77-G during the determination year. Beginning July 1, 2017 and every July 1 thereafter, the department of education shall adjust the per pupil amount of the additional grant pursuant to RSA 198:40-d. 5 Education; Chartere

  • 2026 HB417 amend · effective 2025-07-01

    2-A,] RSA 84-A, RSA 84-C, and RSA 400-A. 6 Tax Expenditure and Potential Liability Reports; Reference Removed. Amend RSA 71-C:4, II(b)(1) to read as follows: (1) Other credits allowed under RSA 77-A, RSA 77-E, RSA 77-G, RSA 78, RSA 78-A, RSA 78-B, RSA 82, [RSA 82-A,] RSA 83-E, RSA 84-A, RSA 84-C, and RSA 400-A against the business profits tax imposed by RSA 77-A; and 7 Persons and Property Liable to Taxation; Property Taxes;

  • 2026 HB417-FN amend

    the general court and the governor an analysis of each of the past fiscal year's tax expenditures as identified in RSA 71-C:2, and other credits allowed under RSA 77-A, RSA 77-E, RSA 77-G, RSA 78, RSA 78-A, 78-B, [RSA 82-A,] RSA 84-A, RSA 84-C, and RSA 400-A. 6 Tax Expenditure and Potential Liability Reports; Reference Removed. Amend RSA 71-C:4, II(b)(1) to read as follows: (1) Other credits allowed