Indiana’s 2026-2027 Budget

Increases the K-12 tuition support formula by $640 Million or a 5% increase over the biennium as compared to the FY 25 appropriation level (net of curricular materials). Funding formula rolls the $160M curricular materials appropriation into the foundation.
Eliminates the income limit for the Choice Scholarship program starting with the 2026-2027 school year.
Increases funding for secured school safety grants to $27.1M per FY.
Funds Governor Braun’s Freedom and Opportunity in Education initiative and grants the Department of Education the flexibility and resources to implement innovative academic improvement initiatives