What are the funding sources to support student education and make this school a reality?
• Because they are public schools, charters receive main operating funds from the State, based on attendance. Charters typically receive less money per student than do conventional schools. This is because, typically, they do not have large playing fields, swimming pools, etc., so their operating expense is lower. • Charter Schools are eligible for many tax exemptions (e.g., on land use). They can apply for local and federal funds in the form of grants, school bonds, and low-interest start-up loans. • Most charter schools support their start-up process through a combination of private and public funding. A few examples of such funding include: private donations; local business and organization partnerships; active fundraising; the US Public Charter School Grant Program through California’s Department of Education; the Charter School Revolving Loan Fund; and other Federal categorical grants. • Other federal discretionary grants are available for such specific efforts, as professional de
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- What are the funding sources to support student education and make this school a reality?
