Relative to universal eligibility for the education freedom account program.
The passage of HB 115 is expected to significantly alter the landscape of educational funding in New Hampshire by potentially increasing the number of students participating in the EFA program. As of September 2024, over 5,321 students utilized the program at an estimated annualized cost of $27.7 million. The bill could lead to a surge in enrollment, with a projected average EFA grant of approximately $4,419 for the newly eligible students. However, there is an indeterminate impact on local school districts as the exodus of students to the EFA program may pressure districts to adjust their budgets and expenditures to meet the new demands.
House Bill 115 aims to expand the eligibility criteria for the Education Freedom Account (EFA) program in New Hampshire. The bill first increases the income threshold from 350% to 400% of the federal poverty guidelines for the fiscal year 2026. Following this, starting from fiscal year 2027, it will eliminate income requirements altogether, enabling all students eligible for public elementary or secondary education to apply for the EFA program, irrespective of their family's income level. This change is intended to broaden access to educational resources for students across the state.
While supporters of HB 115 argue that expanding access to the EFA program promotes educational freedom and choice, critics raise concerns about the possible implications for public school funding and resources. The increased enrollment in the EFA program could divert funds that would have otherwise supported traditional district schools, potentially exacerbating existing inequities in educational quality. Additionally, there are fears that the bill might undermine the intent of providing adequate education for all students by prioritizing voucher-based programs over public school systems.