Sentences with phrase «deposit public education funds»
The preliminary plan works like this: Vouchers, euphemistically termed «education savings accounts,» would be created and the state would deposit public education funds into them for each eligible students.
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About three thousand students are already benefiting from the latest wrinkle in five states, «education savings accounts,» which provide even more flexibility to families by allowing those who withdraw their children from public schools to receive a deposit of public funds into government - authorized savings accounts that can be used to pay for private school tuition, online learning programs, private tutoring, educational therapies, or college costs.
With an account, public funds are deposited in a private bank account under parents» control, and families such as the Howards can use the accounts for education expenses such as education therapy, private school tuition, textbooks, and college tuition.
Once the public funds are deposited into an education savings account, the funds are no longer «public funds» but are instead the private funds of the individual parent who established the account.
Education savings accounts (ESAs) allow parents to withdraw their children from public district or charter schools and receive a deposit of public funds into government - authorized savings accounts.
For students whose needs are not being met in public school, the ESA program allows parents to withdraw their child from public school and have the state education funds that would have been spent on that child deposited into an ESA.