Funding Timelines and Installments

June 4, 2026

When will accounts be funded?

Under Texas law, students receive funding for Texas Education Freedom Accounts (TEFA) in installments.

The earliest students can receive their first installment is July 1.

For students attending a participating private school:

The first installment will include 25% of the student’s award amount.
Students whose schools confirm their enrollment by June 15 will receive funding July 1.
Students whose schools confirm their enrollment by July 31 will receive funding by mid-August.
Students who come off the waitlist at later dates will receive funding as soon as practicable.

Private school students will receive an additional 25% of their total award amount on Oct. 1, and the remaining half of their funding on Feb. 1.

Students must remain enrolled in a participating private school to receive additional installments.

For students who select homeschool/other:

Students will receive all $2,000 in a single installment.
Students must opt in by June 15 to receive funding on July 1.
Students must opt in by July 31 to receive funding by mid-August.
Students who come off the waitlist at later dates will receive funding as soon as practicable.

Students who are found to be enrolled in a public or charter school during the school year shall be removed from the program.

Funding proration for students brought off the waitlist

If students are brought off the waitlist and join the program after July 15, their funding may be prorated depending on when they confirm enrollment.

Students must have confirmed enrollment in a participating private school, or confirm they have opted in as a homeschool/other student, by Sept. 15 to receive their full award amount.

Funding round	Confirmation date	Funding date	Funding proration after confirmation date
Initial 25% of funding (first deadline)	Jun. 15	Jul. 1
Initial 25% of funding (second deadline)	Jul. 31	Mid-August	100%
Second 25% of funding	Sept. 15	Oct. 1	75%
Final 50% of funding	Jan. 15	Feb. 1	50%