Tennessee Education Savings Account Program

Grace Baptist Academy is qualified for the Educational Savings Account (ESA) program in the state of Tennessee. This program enacted by state law to be offered to residents of Hamilton County. The fundamental goal of this legislation is helping qualified parents to have the freedom to choose the school they desire for their child. You can go to this website if you want to learn more on your own. While priority deadline for 2025-26 is stated as May 1, 2025, the final deadline for applications is July 1, 2025.
This program has household income level qualifications and at this time is only available for those living in the Hamilton County school district. Furthermore, to qualify for this $9,346 (full year amount for 2024-25) grant per child, your student MUST qualify in one of these ways for this coming year:
-was enrolled in and attended a TN public school for the full 2024-25 school year.
-eligible for the first time to enroll in a TN school (going into Kindergarten OR just moved from out of state for any grade level and any school) in the 2025-26 school year.
-attended a public school (1 full year preceding) or started Kindergarten during the 2019-20, 2020-21, 2021-22 school years.
- received an ESA grant in the previous school year. (transferring now to GBA)
-was eligible for the first time to enroll in a Tennessee public school in the 2019-20, 2020-21, 2021-22 school years (going into Kindergarten OR just moved from out of state for any grade level and any school).
And then you also must have an Annual Household Income below the following levels (will likely change for 2025-26):
2 household members max: $53,144 6 household members max: $109,096
3 household members max: $67,132 7 household members max: $123,084
4 household members max: $81,120 8 household members max: $137,072
5 household members max: $95,108 Each additional member beyond 8, $13,988
*this will be based on and verified by your 2024 tax return