K-12 students who choose to attend accredited private schools. It also provides public schools additional funding for students who live in their district but attend private schools.
An Education Savings Account (ESA) is a deposit of public funds into government-authorized savings accounts which eligible families may use to cover tuition, fees, and other qualified education expenses at accredited private schools in Iowa. Parents who enroll their eligible children in an accredited private school will receive an estimated $7826 per pupil for the upcoming school year. Funds are deposited into the student's ESA each year until the student graduates high school or turns 20. The remaining balance is returned to the state general fund.
Students First ESAs will be available based on the following eligibility: