91³Ô¹ÏÍø

Watch CBS News

Here's how Texas parents can apply for the new Education Savings Account program

This time next year, private schools will have new students attending courtesy of the new Education Savings Account program. 

The $1 billion program uses taxpayer funds to help qualifying students pay for private school. In August, the state's acting comptroller released the on how the program would work.

According to the Texas Education Agency, for the first year, qualifying families will be eligible for approximately $10,800 per student, but that could change year to year. Families who have a child with a disability can receive up to $30,000, while homeschooled students are eligible for up to $2,000. Money can be used on tuition and other education-related expenses like textbooks and uniforms.

The ESA program is open to school-age children who are U.S. citizens or in the country lawfully, including those already enrolled in private school. In the case there are more applicants than funds, there will be a lottery system that prioritizes students with certain qualifications, including:

  • Siblings of children participating in the ESA program
  • Children with a disability where the household income is at or below 500% of the (for a family of four, that threshold would be $160,000)
  • Household income

Something new in the rules: if an admission to the ESA program happens after the school year begins, funds in the child's account will be prorated. 

During the application process, parents will have to provide proof of residence and income. They must also agree not to sell items bought with money from the ESA for 12 months, withdraw money from the account, or ask for a reimbursement. 

If the parent decides to unenroll their child from private school, they must give the state a 30-day notice in writing. Families can start applying for the savings accounts in early 2026.

The program will not be available at all private schools. If schools choose to participate, they must be accredited and have been in operation for at least two years.

If there's any money remaining in an ESA account at the end of a program year, it will carry over to the next year, if the child remains eligible and continues in the program.

After a period, the comptroller's office will review feedback before issuing definitive rules.  

View CBS News In
CBS News App Open
Chrome Safari Continue
const link = doc.createElement('link'); link.rel = 'stylesheet'; link.href = '/fly/fly/bundles/cbsnewscontent/css/cmp-banner.min.css?v=50747257b890e014813016b79ece0fb2'; doc.head.appendChild(link); doc.body.innerHTML = CONSENT_MESSAGE; } else { el.insertAdjacentHTML('afterend', CONSENT_MESSAGE); } }); } function hidePrivacyMessage() { // Remove from the main document document.querySelectorAll(`.${CONSENT_MESSAGE_CLASS}`).forEach(el => el.remove()); // Remove from inside any iframes document.querySelectorAll('iframe').forEach(iframe => { const doc = iframe.contentDocument || iframe.contentWindow.document; doc.querySelectorAll(`.${CONSENT_MESSAGE_CLASS}`).forEach(el => el.remove()); }); } function activateGatedScripts() { // Handle both new format (cmp-gated-script) and old OneTrust/Ketch format (optanon-category-4) const gatedScripts = Array.from(document.querySelectorAll('script.cmp-gated-script, script.optanon-category-4')); // Activate scripts sequentially with a small delay to avoid timing issues let delay = 0; gatedScripts.forEach(function(placeholder, index) { setTimeout(function() { // Skip if already processed if (placeholder.hasAttribute('data-cmp-processed')) { return; } placeholder.setAttribute('data-cmp-processed', 'true'); const newScript = document.createElement('script'); newScript.type = 'text/javascript'; // Try new format first (data-cmp-src), then fall back to old format (data-src) const src = placeholder.getAttribute('data-cmp-src') || placeholder.getAttribute('data-src'); if (src) { newScript.src = src; } else if (placeholder.textContent) { // Inline script - just copy the content newScript.textContent = placeholder.textContent; } // Handle new format attributes (data-cmp-attrs) - for both inline and external scripts const attrs = placeholder.getAttribute('data-cmp-attrs'); if (attrs) { const tempDiv = document.createElement('div'); tempDiv.innerHTML = '
<\/div>'; const tempAttrs = tempDiv.firstChild.attributes; for (let i = 0; i < tempAttrs.length; i++) { // For external scripts, allow defer/async. For inline scripts, skip them (not valid) if (src || (tempAttrs[i].name !== 'async' && tempAttrs[i].name !== 'defer')) { newScript.setAttribute(tempAttrs[i].name, tempAttrs[i].value); } } } // Copy other attributes from old OneTrust format for (let i = 0; i < placeholder.attributes.length; i++) { const attr = placeholder.attributes[i]; // Skip attributes we've already handled or don't want to copy if (!['class', 'data-src', 'data-type', 'data-cmp-src', 'data-cmp-attrs', 'data-cmp-processed', 'type', 'async', 'defer', 'src'].includes(attr.name)) { newScript.setAttribute(attr.name, attr.value); } } placeholder.parentNode.replaceChild(newScript, placeholder); // If external script, manually trigger window.onload handlers after it loads // This handles widgets that use window.onload for initialization if (src) { newScript.addEventListener('load', function() { // If page already loaded and script set a new onload handler, trigger it if (document.readyState === 'complete' && window.onload) { const originalOnload = window.onload; window.onload = null; // Clear temporarily to prevent loops originalOnload(); // Execute the handler } }); } }, delay); delay += 500; // 500ms delay between each script to allow full loading }); } cbsoptanon.onScriptsReady(function(cmp) { cmp.ot.targetingAllowed(function(allowed) { if (!allowed) { showPrivacyMessage(); } else { activateGatedScripts(); } }); cmp.ot.awaitInitialConsent(function(consent_model) { cmp.ot.addOnConsentChangedHandler(function() { cmp.ot.targetingAllowed(function(allowed) { if (allowed) { hidePrivacyMessage(); activateGatedScripts(); } else { showPrivacyMessage(); } }); }); }); });