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At least 257,000 students have applied for Texas’ inaugural education savings account program, according to the state comptroller’s office. Less than half of those applicants are likely to be accepted.
The overview: Applications for Texas Education Freedom Accounts close at 11:59 p.m. March 31. Students enrolling in private schools will receive $10,474 to spend on tuition and related expenses, while homeschool students can get up to $2,000 each, and students with disabilities may qualify for up to $30,000 each.
Through March 29, about 23% of applicants had indicated they would be homeschooled while 77% of applicants said they wanted to attend a private school, state data shows.
Program funding is capped at $1 billion for the 2026-27 school year, meaning between 90,000 and 100,000 students will likely be accepted.
By the numbers: About 34,000 students indicated in their application that they have a disability, per the comptroller's office. Students who have a disability and are considered low- or middle-income will receive priority acceptance into the program under state law.
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