Unformatted text preview: ennsylvania and North Carolina for example, funding is based on a per-pupil amount. 33
In others, like Alaska and Georgia, equal-sized block grants go to each charter school.
States like California and Massachusetts determine the amount of the grant on an
individual basis. In California, where school districts authorize most charter schools,
districts may retain a portion of the grant to cover indirect costs for distributing the grant to
charter schools. In Connecticut and Massachusetts, the amount of the grant is based on a
formula and takes into account many factors including ethnicity and growth rate. In most
states, start-up funds are awarded on a competitive basis, but the District of Columbia and
a few states like Delaware have non-competitive programs where all qualified applicants
Federal start-up funds typically cover a one year of planning grant followed by two years
of implementation. In all states, except Delaware, charter developers are eligible to receive
planning funds before formal approval of a charter. Illinois and Louisiana use both precharter or stimulus grants and post-charter planning grants that entitle charter developers to
more planning funds once the charter has been approved. Implementation grants range
from $40,000 to $200,000. Charter schools must already be in operation to receive
implementation funds. Connecticut and Louisiana provide smaller implementation grants
for conversion schools. 33 In Pennsylvania, state funding is mixed with the federal grant program. 57 Venturesome Capital: State Charter School Finance Systems
TABLE 15 Federal Start-up Grants
Amount Yes $20,000 $125,000 Arizona Yes At least $34,000 Up to $156,000 California Yes $10,000 - $35,000 Up to $150,000 Colorado Yes At least $23,000 Up to $197,000 State-authorized Yes $50,000 $50,000; per-pupil grants
with the balance District-authorized Yes $20,000 $20,000; per-pupil grants
with the balance Delaware No $35,000 $100,000 District of Columbia No Up to $110,000 Up to $95,000 Florida Yes $10,000 $55,000 Georgia Yes Pre-charter: $5,000 $100,000 first year; $60,000
second year Hawaii1 Yes At least $34,000 Up to $156,000 Illinois Yes Stimulus: $5,000-12,000
Planning: $25,000-75,000 $50,000 - $100,000 Kansas Yes $35,000 Phase 1: $25,000 1 Connecticut Phase 2: $77,000 - $170,000
Start-up No Pre-charter: $5,000
Post-charter: $20,000 $50,000 first year; $40,000
second year Conversion No Pre-charter: $5,000
Post-charter: $15,000 $40,000 first year; $30,000
second year Massachusetts Yes $115,000 $103,000 - $186,000 Michigan Yes At least $40,000 Up to $100,000 Minnesota Yes At least $40,000 Up to $60,000 Yes Up to $50,000 Up to $75,000 Yes At least $34,000 Up to $156,000 North Carolina No At least $34,000 Up to $156,000 Pennsylvania Yes $10,000 - $25,000 $800 per pupil Yes At least $34,000 Up to $156,000 South Carolina Yes $15,000 - $40,000 Up to $15,000 Texas No $60,000 maximum $60,000 maximum Wisconsin Yes $25,000 $96,000-200,000 (averaging
about $100,000) New Jersey
New Mexico 1 Rhode Island 1 Source: Telephone interviews with state departments of education and state charter school offices.
1 Charter schools apply direct...
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This note was uploaded on 02/11/2013 for the course ECON 101 taught by Professor Smith during the Spring '09 term at Harvard.
- Spring '09