For Iowa families, the state's Education Savings Account (ESA) is a no-strings-attached voucher — essentially free funds toward tuition. It's income-blind: no matter what you earn, you qualify. For many families, that changes the whole conversation.
2026–27 Tuition
Private school is a real investment — here’s what it actually costs, before any aid or the ESA voucher below is applied.
| Division | Annual Tuition |
|---|---|
| Preschool (Morning Only) · Ages 3–5 | $4,325 |
| Preschool Full-Day · Ages 3–5 | $7,725 |
| Kindergarten Full Day | $8,225 |
| Elementary School · Grades 1–5 | $9,925 |
| Middle School · Grades 6–8 | $12,875 |
| High School · Grades 9–12 | $20,475 |
10-month payment plans are available on every tier. We offer financial aid because we believe every child who wants a Consciousness-Based education should have access, regardless of financial limitations. Considering boarding instead? See Boarding Tuition for those figures and what’s included.
The Quick Answer
Can I use Iowa's education funds at Maharishi School? Yes. The ESA is a state voucher — free funds toward tuition, worth $8,148 per student, per year, with no income limit. Maharishi School is accredited, so it applies here.
How the ESA Works
It's income-blind
Every eligible Iowa family qualifies, regardless of what they earn.
It's substantial
$8,148 per student, per year — applied first to tuition and fees.
It's straightforward
Once you're approved, the funds go toward tuition here — and we'll help you every step.
✔ Confirmed: the ESA covers K–12 only — preschool (ages 3–5) is not eligible. It requires Iowa residency and use at an accredited school; those conditions keep "no-strings" honest (it means no income test, not no rules).
Putting It to Work
01
Apply for the ESA
A short state application. The window is April 16 – June 30, firm, with no exceptions, so mark the date.
02
Apply to us
We'll help you line the two up so nothing falls through the cracks.
03
We handle the rest
Once approved, the funds are applied to tuition directly.
Boarding tuition covers room and board, academics, the English Language Learner (ELL) program, college counseling, textbooks, exam costs, classroom supplies, lab fees, and on-campus programs and activities.
Common Questions
Does Iowa's ESA cover private school tuition?
Yes — for K–12 students (preschool isn't covered). ESA funds go toward tuition and fees at an accredited school like ours.
Is there an income limit?
No. The ESA is income-blind — every eligible Iowa family qualifies regardless of household income.
How much is it?
$8,148 per student, per year (2026–27).
Is Maharishi School accredited?
Yes — by the Independent Schools Association of the Central States (ISACS), the credential that qualifies a school for ESA funds.
The next step is a small one — and we're glad to help with it.