Nevada Educational Savings Account Program

Program Information

  • ESA
  • Program Type: Education Savings Account Program

Program Update

Students were slated to participate in the ESA program starting in 2016, but choice opponents filed two lawsuits against the program. In 2016, the Nevada Supreme Court upheld the program, but struck down the funding mechanism. Despite great effort in 2017, a bill to create a new funding mechanism was not enacted.

  • Student must be enrolled in a Nevada public school for at least 100 days prior to receiving the education savings account
  • Parent must sign an agreement promising that:
    • The student will receive instruction from a private school, a postsecondary education institution in the state, a program of distance education that is not offered by a public school or the Department of Education, a tutor or tutoring agency or the parent that has made an application to the State Treasurer
    • Money in the education savings account will be expended only as authorized by law
  • Post a surety bond in an amount equal to the amount reasonably expected to be paid or provide evidence that a participating entity has assets sufficient  to cover the amount, if the payments made from education savings accounts will total more than $50,000 during any school year
  • Ensure that participating students take the state assessment in math and English language arts or a norm-referenced assessment in math and English language arts each school year and provide for value-added assessments of the results
  • If a private school, be licensed by the Nevada Department of Education
    • Provide at least the curriculum required of Nevada public schools, 180 days of instruction and the same number of minutes of instruction per day that is required of public schools
    • Comply with health and safety codes
    • Submit a financial statement if the school has more than 30 students
    • Conduct fingerprint checks for teachers and other school personnel

Financial

Scholarship Cap
- 100 percent of the statewide average basic support per pupil for students with disabilities and students with a household income that is less than 185 of the federal poverty level ($44,863 for a family of four in 2015–16)
- 90 percent of the statewide average basic support per pupil for all other students
Enrollment Cap
- None
Program Funding
- None