The program — which reserves one-fifth of the $1 billion budget for families making about $160,000 per year or more — will officially launch at the start of the 2026-27 school year.

Texas parents will be able to access thousands of dollars in state funds to pay for private education or homeschooling for their kids.

Texas lawmakers have passed a $1 billion education bill that allows families to use public money to pay for private school tuition.