Due to recent changes in Oklahoma's legislation, as of October '24, Kolbe Academy no longer qualifies as an eligible private school for the Parent Choice Tax Credit program. As an alternative, homeschooling families may now receive an income tax credit up to $1,000 per student for qualifying Kolbe Academy expenses using the Oklahoma Homeschool Tax Credit. 

Beginning in tax year 2024, a refundable income tax credit is allowed for certain Oklahoma taxpayers who pay qualified expenses on behalf of an eligible student who is homeschooled. The credit will be based on the amount of annual qualified expenses paid on behalf of each eligible student, not to exceed $1,000 per student.

Expenses the taxpayer paid during the tax year for:

• Tuition and fees for nonpublic online learning programs;
• Academic tutoring services provided by an individual or a private academic tutoring facility;
• Textbooks, curriculum, or other instructional materials including, but not limited to, supplemental materials or associated online instruction required by an education service provider; and
• Fees for nationally standardized assessments including, but not limited to, assessments used to determine college admission and advanced placement examinations as well as tuition and fees for tutoring or preparatory courses for the assessments.