Comptroller Announces 102,000 Education Freedom Account Awards

The state's new school choice program has accepted 102,000 students.

Texas Education Freedom Accounts

Acting Comptroller Kelly Hancock announced Wednesday that the Texas Education Freedom Accounts program has granted 102,000 accounts to students for the 2026-27 school year. 

Texas Education Freedom Accounts (TEFA) provide $10,474 per student to qualifying families to pay for private education at participating schools. TEFA may also grant a $2,000 stipend to homeschooled children.

Of the 102,000 accounts, 4,100 were awarded this week. All new students qualified for Tier 2 application priority, meaning their family’s income fell below 200 percent of the federal poverty level ($66,000 a year for a family of four).

Families who qualify for the 2026-27 school year have until July 15 to register at a participating school, choose to homeschool, or opt out of the program. 

Of the accounts approved this year, 2,000 students have opted out. The remaining 145,000 students on the waitlist will have funds distributed to them as more families opt out of the program. 

“Our office is working diligently to ensure that as many families as possible are able to join this program in its first year as we manage the longest school choice waitlist in the country,” said Hancock.

Over 53,000 schools across Texas have already received funding through TEFA to make quality education more accessible to citizens.