Education Savings Accounts for Military Families Act of 2025

Key Points

• The bill would let parents of eligible active duty military dependent children set up federal Military Education Savings Accounts worth $6,000 per child in the first year, adjusted for inflation after that.
• Money can be used for private school tuition, online learning, tutoring, textbooks, technology, camps, therapies like speech and physical therapy, college costs, and even contributions to college savings plans.
• To qualify, a child must have attended public school for at least 100 straight days the prior year, and the parent must agree to teach core subjects and not enroll the child full time in public school while using the account.
• If funding runs short, the government first renews existing accounts, then holds a lottery favoring siblings of current participants and children of lower-ranking enlisted service members over children of officers.
• The program is set to launch in fiscal year 2026 with $1.2 billion in funding, with both the funding level and per-child payments rising each year to match inflation.