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re: Somebody please explain Landry's "school choice" plan to me like I'm 5.
Posted on 4/8/24 at 11:19 pm to KamaCausey_LSU
Posted on 4/8/24 at 11:19 pm to KamaCausey_LSU
quote:
The parents are getting the funds and are allowed to spend it on any qualified expense.
That’s how they phrased it; however, those additional expenses only matter if your tuition was less than the subsidy. How often will that happen?
1
Posted on 4/9/24 at 12:09 am to cssamerican
quote:
That’s how they phrased it; however, those additional expenses only matter if your tuition was less than the subsidy. How often will that happen
There may be a significant tax advantage using a START K12 investment account to pay for tuition; $2400 is tax deductible per year and earnings are tax free if used to tuition. Then using the GATOR ESA for other qualified expenses like tutoring, a laptop, extracurriculars. The ESA funds will roll over each year according to the bill.
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