(Des Moines, IA) — Iowa could spend more than expected for Education Savings Accounts, as Iowans surpass applications estimates weeks ahead of the deadline. More than 16-thousand applications were submitted as of yesterday. That’s 25-hundred more applications than the Legislative Services Agency predicted. Lawmakers allocated 107-million dollars for the ESA program, but if all applications were accepted, the state would spend 20-million dollars more than expected. Not all applicants are guaranteed funding. The deadline to apply is June 30th.
Iowans Surpass ESA Application Estimates, State Could Be Forced To Pay
Jun 13, 2023 | 7:43 AM
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