Families have until 11:59 p.m. March 17 to apply for the first year of Texas’ education savings account program, according to the state comptroller’s office.
The big picture: Under the $1 billion program, participating students will receive state funds for private education or homeschooling during the 2026-27 school year. It is unlikely that all applicants will be accepted, as application data shows more students have applied than the program can fund.
The program offers $2,000 to homeschooled students; $10,474 for private school tuition and related expenses; and up to $30,000 for students with disabilities. With demand set to exceed available funding, applications will be prioritized based on need and household income.
How we got here: State lawmakers created the Texas Education Freedom Accounts program in 2025, with proponents saying it will expand options for families who don't want to send their children to public schools. Critics of the program have said it will unfairly benefit students already in private schools and divert funding from public schools.
