The main purpose of this legislation, known as the Indigenous Students Excel through Parity Act of 2026, is to improve the funding and resources available to Bureau-funded schools, which serve Native American students. The goal is to ensure these schools can attract and retain high-quality teachers and provide a high-quality education comparable to other school systems. Key provisions of the Act include a requirement for a study to update the Indian School Equalization Formula. This formula determines how funds are distributed to Bureau-funded schools.