Indiana’s special needs ESA reaches max capacity

Indiana’s education savings account (ESA) program has hit maximum capacity in just its third year of existence.

“We are thrilled to announce that every dollar allocated to the Indiana ESA Program has been distributed, ensuring that families have the resources they need to provide their children with the best possible education,” said State Treasurer Daniel Elliott, according to the Indiana Capital Chronicle. “This program is a testament to Indiana’s dedication to supporting diverse educational opportunities and fostering an environment where every child can thrive.”

The program is limited to special needs students whose families do not exceed a set income.

This year, over a thousand students will receive $10 million – roughly $10,000 per student – to spend on private school tuition or other education expenses.

Indiana spends over $14,000 a year per public school pupil on average.

“Every child is unique, and their educational experiences should reflect that. It’s all about the kids,” said Tina Kaetzel, executive director of the ESA program. “The success of this program underscores the importance of empowering parents and guardians with the resources necessary to make informed decisions about their children’s education. 

“The program is growing, and it is working.”  

Indiana’s other school choice programs are thriving as well. 

A recent report from the state education department revealed the Choice Scholarship program has over 70,000 participants, many of whom are low-income or racial minorities. 

And school choice isn’t just working in Indiana. 

Nationwide, over a million students are pursuing better education through school choice. 

Programs in Oklahoma and Utah both reached maximum capacity, and North Carolina is struggling to keep up with the high demand.