On January 24th, 2023, Iowa Governor Kim Reynolds signed into law HF68, more commonly referred to as the "Students First Act". This law creates an education savings account in our state for Iowa students to attend an accredited non-public school of their choice. A copy of the law may be viewed here.
Since we are very early on the process, there is much still unknown about this new law. But there are few things that we do know.
The law will be phased in over a three year span. Eventually, all Iowa families will be allowed to use up to $7,598 a year in an "education savings account" for private school tuition. If any money is left over after tuition, the remaining account balance can be used for other specific educational expenses.
The program will begin during the 2023-2024 academic year. For the first year of the program, funds will be available to all kindergarten students and all students who were not enrolled in a private school during the 2022-2023 school year. Students who currently attend private schools whose families are at or below 300% of the federal poverty guideline are also eligible in the first year.
In year two, or the 2024-2025 academic year, eligibility will expand to include families at or below 400% of the federal poverty line.
In year three, the law will be fully phased in and every Iowa family will be eligible for the program.
This program is only applicable for Iowa residents.
Prince of Peace Catholic School is working on a long-term plan to best welcome new and current students. We will pass along new information as well as update this page as things develop. In the meantime, you may direct questions to Nate Vander Bleek, Advancement Director, by phone at 563-242-1663 or by email at firstname.lastname@example.org