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March 17, 2021 Program Open To Low-Income, Special Needs, And Foster Children Legislation making its way through the Arkansas House of Representatives would create the Arkansas Child Academic Opportunity Scholarship and Grant Program, an education savings account (ESA) program. With an ESA, state education funds allocated for a child are placed in a parent-controlled savings account. Parents then use a state-provided debit card to access the funds to pay for the resources chosen for their child’s unique educational program. Under the proposed program, ESAs could be used to pay for tuition and fees at private and parochial schools, as well as uniforms and textbooks, tutoring services, and specialized after-school and summer education programs. The ESAs could also be used to cover the fees required to take national standardized achievement tests, such as the SAT or ACT.

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