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New education options and financial support for Native American children.

This act establishes an education savings account program for eligible Native American children, providing $8,000 annually per account. These funds can be used for various educational expenses, including private schools, tutoring, or materials. The act also authorizes the creation and funding of Bureau-Funded Charter Schools.
Key points
Creates education savings accounts for eligible Native American students.
Provides $8,000 per year per account for educational expenses.
Allows funds to be used for private schools, tutoring, materials, technology, exams, after-school programs, and other educational services.
Authorizes the creation and funding of Bureau-Funded Charter Schools, often using existing facilities.
Funds in the accounts are not taxable income and do not affect eligibility for other federal programs.
The education savings account program authority is set to expire 5 years after enactment.
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Additional Information
Native American Education Opportunity Act
Print number: HR 505
Sponsor: Rep. Biggs, Andy [R-AZ-5]
Process start date: 2021-01-28