A refundable income tax credit is allowed for certain Oklahoma taxpayers who pay, or expect to pay, tuition and fees to an eligible private school on behalf of an eligible student. An eligible taxpayer is someone who is subject to the tax laws of the state of Oklahoma, and who is a biological or adoptive parent, grandparent, aunt, uncle, legal guardian, custodian, or other person with legal authority to act on behalf of the eligible student.

A student who is a resident of Oklahoma and is eligible to enroll in an Oklahoma public school. Additionally, the student must be enrolled in and attending an eligible private school in Oklahoma.

“Qualified expense” means tuition and fees at a private school accredited by the State Board of Education or another accrediting association, which includes the Oklahoma Private School Accrediting Commission (OPSAC) and any OPSAC-recognized accrediting associations. Fees include:

• Textbook Fees
• Technology Fees
• Activity Fees
• Testing & Assessment Fees

The maximum amount of the credit is determined by the total federal AGI of the student’s household during the second preceding year.

Federal AGI                                                                                                MAXIMUM AMOUNT OF CREDIT PER YEAR

$0 – $75,000                                                  $7,500
$75,00 – $150,000                                        $7,000
$150,000 – $225,000                                    $6,500
$225,000 – $250,000                                    $6,000
$250,000 and up                                           $5,000 

For the 2025/2026 School Year, the application period  will be February 18th, 2025 through April 18th, 2025.

Applications will be processed on a first-come-first-serve basis. Please note that submitting an application during this period does not guarantee eligibility for the credit. Only properly submitted applications approved by the OTC will be eligible for the credit until the cap is met.

In the case of having multiple eligible students, the taxpayer may receive the tax credit for each eligible student. For example, if the federal AGI of the household where the students reside is less than $75,000, the taxpayer may qualify for up to $7,500 per year per eligible student.

It is important to note that a separate application must be completed and submitted for each eligible student for each tax year.

To claim the private school tax credit, you will apply online at www.parentalchoice.ok.gov. You will need to upload with the application a completed Enrollment Verification Form and a copy of the Oklahoma income tax return or the federal income tax return for the second preceding tax year of the household of which the student is a member. 

The Oklahoma Tax Commission will send the Enrollment Verification Form to the parents of all students who have completed the admissions and registration process at Cornerstone Classical Academy for the 2025/2026 School Year.

If you are applying for the private school tax credit for 2025/2026 School Year, you must provide a copy of the 2023 Oklahoma income tax return or federal income tax return of the student’s current household.

Only one application is required for each school year. For the 2025/2026 School Year the application process will open on Tuesday, February 18th, 2025.

Complete your 2025/2026 CCA Registration by logging into your account at cornerstoneclassicalacademy.com.

Applications for the 2025-2026 School Year open on January 20th, 2025.  Because there is a cap on total tax credit funds, and funds will be awarded on a first-come, first-serve basis, we encourage families considering CCA to apply at their earliest opportunity. Families will be provided with information on how to apply for an Oklahoma Tax Credit when they have completed the appropriate steps in the enrollment process.