How Much Funding Will Eligible Students Receive for the Iowa Students First ESA Program?

Each eligible student will receive $8,148 in ESA funds for the 2026–27 school year.

ESA funds must first be used to pay tuition and fees each semester. After tuition and fees are paid, any remaining funds can be used for eligible expenses through the Odyssey Marketplace.

If your family has funds remaining from the 2025–26 school year, those funds will carry over to your 2026–27 account and will be applied to tuition and fees first.