This article is intended for Texas parents to help them understand the funding amounts for the Texas Education Freedom Accounts program.
The amount that will be held in trust for a participating child depends on the student’s situation and the educational setting they choose.
- Private school students: A participating child who attends an approved private school or a pre-K or kindergarten program will receive 85% of the estimated statewide average amount of state and local funding per student in average daily attendance for the most recent school year, as calculated by the Texas Education Agency (TEA). TEA has set this amount at $10,474 for the 2026-27 school year.
- Private School Students with a Disability: A participating child with a disability who is enrolled in an approved private school or in a pre-K or kindergarten program may be eligible to receive up to $30,000. To qualify, the child must have an individualized education program (IEP) that is on file with the Texas Education Agency by the end of the application period. The award amount is based on the funding that the child’s local school district would receive to provide services under the child’s IEP.
- All other participating students: A participating child who is homeschooled or is not enrolled in a private school or a pre-K or kindergarten program may be eligible to receive $2,000 annually.
If a child enrolls in the program after the beginning of a school year, funds transferred to the participating student’s account will be prorated based on the date the child enrolls in the program.