A statewide funding partner

NEW MEXICO EDUCATION FUND HELPs PUBLIC SCHOOLS PARTICIPATE IN THE FEDERAL SCHOLARSHIP OPPORTUNITY THROUGH STATEWIDE DONOR ENGAGEMENT AND PROVEN SGO INFRASTRUCTURE.

An initiative of Aequitas, built with ACE Scholarships infrastructure.
THE OPPORTUNITY

A NEW FUNDING PATHWAY

Beginning in 2027, the federal scholarship tax credit creates a new way for private donors to support K–12 students through approved Scholarship Granting Organizations.

For New Mexico public schools, this can become a practical source of student support: scholarships that help families access tutoring, classroom materials, technology, academic services, supports for students with disabilities, and other approved education expenses.

That means a new path to help students succeed without asking every school, district, or local partner to build its own donor fundraising, eligibility, compliance, and scholarship administration system.

THE PARTNERSHIP

WHY PUBLIC SCHOOLS PARTNER WITH US

Because the opportunity is significant, but the machinery is complex.

Running a scholarship program requires legal structure, donor management, eligibility verification, scholarship administration, secure systems, reporting, and ongoing compliance. New Mexico Education Fund is built to carry that operational burden so public schools can stay focused on students, families, and learning.

Our infrastructure partner supports scholarship administration and compliance

Schools keep local relationships and student needs at the center

New Mexico Education Fund activates donors for New Mexico students

THE BENEFIT

How public schools can access the federal tax credit

Schools work with us to identify needs and submit straightforward applications. We manage the verification and compliance so your team stays focused on teaching.

Submit your school's funding needs

We verify eligibility and process applications

Receive distributions for your programs

THE MISSION

WHY WE ARE DOING THIS

New Mexico public schools serve students across rural communities, tribal communities, border communities, small towns, and city neighborhoods. Every school community is different, but many families face the same challenge: students need support beyond the school day and beyond what local budgets can always cover.

Tutoring. Technology. Classroom materials. Academic services. Supports for students with disabilities.

New Mexico Education Fund exists to unlock a new donor-supported funding channel for New Mexico families.

THE REASONING

WHY THIS will compel donors

The federal scholarship tax credit gives donors a clear and practical way to support New Mexico students.

A qualifying gift can create scholarship dollars for families while also reducing the donor’s federal tax liability dollar-for-dollar, up to the annual limit. For donors who care about New Mexico, the value proposition is direct: help students get the support they need, through a trusted system, with transparent local impact, all while receiving a tax credit in return.

OUR INFRASTRUCTURE

ACE brings the infrastructure we need. ACE Scholarships has spent 26 years building the systems that make scholarship administration work at scale. We partner with them because good intentions require good execution.

Proven scholarship platform

Donor and school management systems

Compliance and regulatory expertise

Questions

Find answers about the fund, the tax credit, and how to get involved.

What is the New Mexico Education Fund?

New Mexico Education Fund is a scholarship and donor-engagement initiative being built to help New Mexico public school students benefit from the federal scholarship tax credit, if New Mexico participates.

It connects donors, public schools, families, and approved SGO infrastructure so scholarships can support eligible K–12 education expenses for New Mexico students.

What does New Mexico Education Fund handle?

We handle the machinery schools should not have to build: donor education, scholarship administration, compliance coordination, eligibility workflows, secure systems, reporting, school onboarding, family-facing materials, and ongoing support.

What remains under school or district leadership?

Your school or district remains central to local stewardship.

You know your students, families, priorities, and community relationships. Our model is meant to support local leadership, not replace it. Schools help identify needs, communicate with families, and keep student success at the center.

When does this become available?

The federal scholarship tax credit is scheduled to begin on January 1, 2027.

For New Mexico students to benefit through a New Mexico SGO, the state must choose to participate and identify qualifying SGOs with the IRS. New Mexico Education Fund is preparing now so schools, families, and donors can be ready if and when the program becomes available in the state.

Which schools can participate?

New Mexico public schools, districts, and public charter schools can explore partnership.

Actual scholarship availability will depend on federal guidance, New Mexico’s participation status, approved SGO requirements, and local implementation.

Who can donate under the federal credit?

Individual taxpayers may be able to claim a federal tax credit for certain cash contributions, up to the annual limit, to an approved Scholarship Granting Organization in a participating state.

Donors should consult their own tax adviser before making a contribution.

Who can receive scholarships?

Eligible students generally include K–12 students who are eligible to enroll in a public elementary or secondary school and whose household income is within the program’s income limits.

The application and eligibility process will be administered through approved scholarship systems.

What can scholarships be used for?

Scholarships can support qualified K–12 education expenses. Depending on final guidance and program rules, this may include tutoring, classroom supplies, education-related services at public schools, support services for students with disabilities, technology, and other approved learning needs.

Does this replace public school funding?

No. This is not a substitute for state, local, or federal public school funding.

It is an additional donor-supported scholarship pathway intended to help eligible students access approved education supports while keeping public schools focused on teaching, relationships, and local leadership.

Can donors give to a specific student?

Donors give through an approved Scholarship Granting Organization. Scholarships are awarded through the approved program process, not as direct gifts from donors to individual students.

School-level or community-level campaign options will depend on final guidance and SGO rules.

Inquire about Partnership

Contact

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