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Understanding the odyssey ESA platform

Learn about the Odyssey ESA Platform, its expenses, and how to manage your funds effectively for homeschooling.
Lisa Thorsen
Written byLisa Thorsen
3 min read
Key takeaways
  • The Odyssey ESA Platform simplifies the management of education funds for families in participating states, allowing you to use state money for approved expenses like homeschool curriculum, tutoring, and educational technology
  • Always verify your state's specific rules on eligible expenses and reimbursement processes to maximize your benefits.

The Odyssey ESA Platform is a tech tool for managing education funds for families in certain states. It allows you to use state money for approved educational products and services.

Research from the National Home Education Research Institute (NHERI) shows that homeschooled students typically score 15 to 25 percentile points higher than public school students on standardized academic achievement tests. As of 2024, 12 states have enacted universal or near-universal Education Savings Account (ESA) programs, with Arizona's program alone serving over 75,000 students — making state-funded homeschooling more accessible than ever (EdChoice, 2024).

What is the odyssey ESA platform?

Odyssey is a tech company that helps manage ESA programs in several states. Think of it as a digital wallet for your education funds. State money goes into your account, and you can use it to buy approved educational products and services or ask for reimbursements. Founded in 2021 and backed by Andreessen Horowitz, Odyssey manages over $225 million for more than 115,000 students.

Eligible expenses

What you can spend your funds on varies by state, but most programs cover:

  • Private school tuition
  • Homeschool curriculum and textbooks
  • Online learning subscriptions
  • Tutoring services
  • Educational technology and software
  • Testing fees
  • Educational therapy services
    Some states also allow spending on transportation, vocational training, and specialized learning tools. In Iowa, you must use funds for tuition first before you can spend on other items. Always double-check your state's rules before buying.

Submitting for reimbursement

If you buy something from an approved vendor outside the marketplace, you'll need to ask for reimbursement. Your receipts must show each item separately, include the vendor's info, and show the date and payment method. Handwritten receipts aren’t accepted. Upload one document per request on your Odyssey account, fill out the attestation, and sign it electronically. The Odyssey team will review your request and deposit the money into your linked bank account.

The bottom line

Odyssey makes managing your education funds easier for families in participating states. The marketplace cuts down on paperwork when buying from approved vendors. The reimbursement option gives you flexibility for other qualified expenses. Make sure you know your state's rules about spending priorities and eligible costs to get the most out of your ESA funds. Keep your documents organized, submit receipts quickly, and visit support.withodyssey.com if you have questions.

Frequently Asked Questions

Lisa Thorsen
Written by
Lisa Thorsen

Co-founder, BetterSchool

Lisa is the co-founder of BetterSchool and a homeschool mom of three. BetterSchool administers the largest independent homeschool community in the country — over 350,000 families across all 50 states.

When COVID hit, Lisa and her husband pulled their children out of school and hit the road. Homeschooling wasn't the plan — it was a necessity. But somewhere along the way, the family fell in love with it: the time together, the ability to tailor lessons to each child's interests, learning at their own pace, the freedom to travel, eating healthy on their own schedule, and the countless other benefits that come with homeschooling.

As they traveled, Lisa kept discovering incredible hands-on learning experiences that most homeschool families had no way of finding. She built BetterSchool to make it easy for every family to find and book the experiences that make learning come alive.

Through her community, Lisa has helped hundreds of thousands of parents navigate homeschooling, while also helping local businesses find and serve the homeschool community. She is the former managing partner of a law firm focused on business law and mergers and acquisitions — BetterSchool is her second technology startup. She holds a J.D. from California Western School of Law and a B.A. from Penn State.

Table of Contents

  • What is the odyssey ESA platform?
  • Eligible expenses
  • Submitting for reimbursement
  • The bottom line
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