Education Savings Accounts (ESAs)
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Application Period
FOR 2024-2025 SCHOOL YEAR:
- OPENS APRIL 16, 2024
- CLOSES JUNE 30, 2024
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About ESAs...
The Students First Act, introduced by Governor Reynolds and signed into law on January 24, 2023, makes state funding available to support the success of every K-12 student in Iowa. The bill establishes a framework and funding for education savings accounts, which may be used by eligible families to cover tuition, fees, and other qualified education expenses at accredited private schools in Iowa.
How ESAs Work...
Parents who choose to enroll their eligible children in an accredited private school will receive an amount equal to the per pupil funding allocated to public school districts for the same budget school year ($7,826 for the 2024-2025 school year). Funds will be deposited into an education savings account (ESA) to be used for tuition, fees, and other qualified education expenses as specified in the legislation.
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ESAs & STO - FAMILIES SHOULD APPLY FOR BOTH
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Families have the opportunity to apply for financial assistance in the form of an Education Savings Account (ESA) and via the School Tuition Organization (STO). FAMILIES ARE STRONGLY ENCOURAGED TO APPLY FOR BOTH for the following reasons:
- Applying for both gives your family the best chance at receiving the most assistance.
- Remaining funds in an ESA account can be used for future tuition costs.
- Remaining funds in an ESA account can be used for other eligible expenses.
ESA APPLICATION PERIOD: 4/16/24 - 6/30/24
STO APPLICATION PERIOD: 1/1/24 - 5/3/24
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Who is Eligible for an ESA in Iowa?
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- Students entering Kindergarten
OR- K-12 Students currently enrolled in a public school
- K-12 Students currently enrolled in a private school with a household income at or below 300% of the 2023 Federal Poverty Guidelines, $90,000 for a family of four (View poverty guidelines...)
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- Students entering Kindergarten
OR- K-12 Students currently enrolled in a public school
- K-12 Students currently enrolled in a private school with a household income at or below 400% of the 2024 Federal Poverty Guidelines that will be updated January 2024
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- All K-12 students in Iowa regardless of income
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WHY XAVIER?
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Xavier offers unparalleled Catholic education for its students through a strong commitment to faith development, positioning graduates for success in all post-high school endeavors, and nearly 100 percent participation from its students in at least one co-curricular activity.
Learn more about Xavier...
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How Do I Apply for an ESA?
FOR 2024-2025 SCHOOL YEAR:
APPLICATION PERIOD: 4/16/24 - 6/30/24
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Have additional questions?
If you have any questions about the admissions process or learning more about how ESAs can help make Xavier your school of choice for your student(s), please contact our Admissions Coordinator, Cara Joens at [email protected]
or 319.294.6635 ext. 313 -
Questions?
- ADMISSIONS
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Cara Joenscara.joenscrxcs.orgDirector of Enrollment, Xavier Catholic Schools
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More Information About ESAs...
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Learn More About ESAs For reliable and timely information, including Frequently Asked Questions, check out following the resources provided by the Archdiocese of Dubuque Office of Catholic Schools and the Iowa Department of Education. You may also sign up to receive updates through the Department of Education.
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