Education Savings Account (ESA)

ESA APPLICATION FOR 2025-2026 SCHOOL YEAR:

• OPENS APRIL 16, 2025

The Students First Act, introduced by Governor Reynolds and signed into law on January 24, 2023, makes state funding available to support the success of every K-12 student in Iowa. The bill establishes a framework and funding for education savings accounts, which may be used by eligible families to cover tuition, fees, and other qualified education expenses at accredited private schools in Iowa.

How ESAs Work...

Parents who choose to enroll their eligible children in an accredited private school will receive an amount equal to the per pupil funding allocated to public school districts for the same budget school year ($7,826 for the 2024-2025 school year). Funds will be deposited into an education savings account (ESA) to be used for tuition, fees, and other qualified education expenses as specified in the legislation.

WHO IS ELIGIBLE?