Oklahoma SB247 creates the Fund Students, Not Systems Act, establishing an education savings account program for eligible students.
Oklahoma SB247 establishes the Fund Students, Not Systems Act, which creates an education savings account program administered by the State Department of Education. This program provides accounts for eligible students to cover qualified expenses such as tuition, transportation, extracurricular activities, and educational field trips. The State Department of Education calculates the account amount based on state aid factors and transfers funds quarterly. The act also ensures that private schools and homeschool families are not subject to additional requirements beyond those explicitly stated.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.