Empowerment Scholarship Accounts
Empowerment Scholarship Accounts are designed to provide every child the opportunity and the ability to attend the school that best meets their fundamental education needs; and provides a learning environment that is compatible with their life, faith, and family beliefs.
An Empowerment Scholarship Accounts (EsA) is assigned to every student K thru 12th grade. The amount of the account will be the dollar amount that is assigned to educate the student in the public school district that the child lives. The family then can assign payment to the school opportunity the family chooses up to the dollar amount of the ESA. The amount of the ESA that is not used will be distributed according to reallocation described below.
There will be no means testing for ESAs since we want every child treated the same. None will be marked by income, race, or location. Each child will be treated the same so that each child will not be tagged with a label that indicates they are any less or any more qualified or deserving of the education they will receive. This will produce revenue to fund schools for all students that does not stigmatize students with limited resources.
Reallocation of Unused Funds
The funds not uses by the child will be reallocated to the state. Before showing reallocation of funds, we will first give an example. If a parent chooses to home school or send their child to other then to public schools; the cost of that school is taken from the ESA. For example: The public school cost $14,000 and the non-public school cost $10,000. That leaves a $4,000 surplus. One quarter of that surplus ($1,000) is placed in an after high school account for use by the child for college, trade schools, or other qualified trades or professional training. Of the $3,000 that is left, $1,500 is returned to the state to offset deficits, and $1,500 is given to the public school district the child would have attended.
The exception is Home Schooling. There the child gets $3,000 for home schooling, $3,000 to the school district so the child can be involved in extra school district activities like sports, band, etc. The remaining money is placed in a pool to return to the tax payer. This return will be accomplished when the pool reaches an agreed upon level, the taxes for the following year are reduced by that amount.