Tennessee spends more per school voucher than per average public school student, data shows

Tennessee spends more on students who receive taxpayer-funded school vouchers to pay for private school than it does on the average public school student, new state data shows.

Data presented to the State Board of Education during an Aug. 15 meeting broke down per-pupil state spending for the 2025-26 school year based on the Tennessee Investment in Student Achievement, or TISA, formula. The student-based formula took effect in 2023, marking the first revision to the formula in 30 years.