This time next year, private schools will have new students attending courtesy of the new Education Savings Account program.

The $1 billion program uses taxpayer funds to help qualifying students pay for private school. In August, the state's acting comptroller released the proposed rules on how the program would work.

According to the Texas Education Agency, for the first year, qualifying families will be eligible for approximately $10,800 per student, but that could change year to year. Families who have a child with a disability can receive up to $30,000, while homeschooled students are eligible for up to $2,000. Money can be used on tuition and other education-related expenses like textbooks and uniforms.

The ESA program is open to school-age children who are U.S. citizens

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