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How Are Charter Schools and School Voucher Programs Funded?

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How Are Charter Schools and School Voucher Programs Funded?

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While state education finance policies differ substantially, all of the policies and formulas discussed above have the common characteristic of operating within a similar overall framework of public education local schools that are open to everyone, free of charge, and equally subject to the various regulations and guidelines created by the state. There are, however, some alternative models of educational organization, regulation, and funding. The two most prominent models are “charter schools” and “school vouchers.” Both models are generally designed to be cost-neutral to the state education system as a whole, because they involving taking the existing funding provided to public schools on behalf of participating students and redirecting it elsewhere. If a student moves from a regular public school to one of the states’s charter schools, which are often organized around specific educational ideas and are not subject to many of the regulations normally set by states regarding curricula

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