New Hampshire Launches Sweeping ESA

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New Hampshire Launches Sweeping ESA

New Hampshire’s sweeping new Education Savings Account program is officially underway, after a speedy approval process in Concord this August brought early questions over whether the state could build the necessary administrative infrastructure.

The program is one of the most expansive of its kind in the nation, providing families that make under 300 percent of the federal poverty level and aren’t sending their kids to public schools eligible for an average of $4,600 per student each year, New Hampshire Public Radio reported. Furthermore, once families enroll, they can remain in the program even if their income rises above the level of eligibility, providing for the program’s longevity.

In just over four weeks, state lawmakers and the Board of Education approved the ESA program, giving oversight to the Children’s Scholarship Fund New Hampshire –a private organization –and setting interim rules that will last only six months, according to the New Hampshire Bulletin.

- Andrew Thomas

Published Tuesday, Sep. 7, 2021