The education freedom account program allows students in families making up to 300 percent of the federal poverty level to attend private school or be home-schooled and receive the share of state funding that would have gone to their public school. But public school advocates and Democrats argue the higher-than-expected participation rate will strain the state’s budget, noting that most of the students taking the EFAs were not previously enrolled in the public school system. The rapid rise was hailed by Education Commissioner Frank Edelblut and supporters of the school choice movement last week as evidence of the demand – and need – for different educational opportunities. At the program’s launch a year ago, there were 1,572. With a Freedom Account, your portfolio is carefully managed and monitored by an independent, third-party investment consultant and the Raymond James Investment Management Committee.Participation in New Hampshire’s education freedom account (EFA) program has doubled in the year since it launched, the state Department of Education said Friday, far exceeding the department’s initial estimates.Īs of September, there are 3,025 students participating at the start of the program’s second academic year, according to the department.
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