We know every little bit helps when it comes to investing in your child’s education — and here’s a tip you might not have heard.
Did you know?
- Effective Jan 1, 2026, South Carolina families can now use 529 funds for more K–12 expenses, including:
- Tuition for private, public, or religious schools
- Books, curriculum, tutoring, online learning, standardized test fees, dual-enrollment courses, and educational therapies
- Annual K–12 withdrawal limit increases to $20,000 per student (This is an $10,000 increase from the 2025 withdrawal limit.)
- Effective for the 2026 Tax Year the Big Beautiful Bill Tax Benefits include:
- $1,700 federal tax credit for donations to Scholarship Granting Organizations (SGOs) supporting K–12 tuition
- $1,000 deduction (single) / $2,000 (married) for charitable donations for non-itemizers
Note: Some benefits depend on South Carolina opting into the programs.
These changes make private education more accessible and allow your gifts to CBA to go even further.
Learn more from CBA parents about using your 529 and maximizing giving benefits: Using Your 529 for K–12 Education
*This information is for general purposes only. For tax or legal advice, consult a qualified professional.
