Hurricane Education Assistance Act - Directs the Secretary of Education to make grants for the 2005-2006 school year to eligible entities that serve students displaced by Hurricane Katrina or Hurricane Rita who enroll in elementary or secondary, including charter, schools served by or in such entities. Makes eligible for such grants: (1) the Louisiana, Mississippi, or Texas state educational agency; and (2) other states' local educational agencies, or schools funded by the Bureau of Indian Affairs, if they enroll at least 10 displaced students.
Directs the Secretary to make one-time emergency grants to state educational agencies to reimburse parents or guardians of displaced students who are attending private schools in such states for the 2005-2006 school year.
Prohibits use of funds under this Act for: (1) school construction, except for minor remodeling as otherwise authorized; or (2) expenses covered by the Federal Emergency Management Agency (FEMA) or private insurance.