High Demand for Iowa Education Savings Accounts as 29,000 Iowans Apply

Over 29,000 K-12 students in Iowa have applied for Students First Education Savings Accounts (ESAs) under Governor Kim Reynolds' Students First Act, which allows eligible students to attend private schools. However, there are only around 9,000 spots available at private schools in the state, potentially leaving more vouchers approved than spots available. Families must separately apply and be accepted to an accredited private school, and ESA funds remain with the state until payment is approved. The state has 30 days to approve or deny applications, with complete data on the vouchers expected in October.