Economy

DeVos awards IN $59M for charter school expansion

DeVos awards IN $59M for charter school expansion”

The state's "Opportunity Grant" program will help schools improve supports for low-income students, as well as students chronically exposed to stress and trauma and those learning English.

The U.S. Department of Education on Thursday announced Charter Schools Program grants.

The winners include the Great Oaks Charter School, the Kuumba Academy Charter School, Woodbridge School District and Colonial School District.

Funds to help startup charter schools raise the capital needed to open buildings went to organizations in Washington, D.C., California, Maryland, North Carolina, Mississippi, California, Massachusetts and Arizona. It also provides funding to charter management organizations on a competitive basis to enable them to replicate or expand high-quality charter schools.

New this year, some of the grant funding will target credit enhancement for charter schools to enable them to access nonfederal funds to acquire, construct and renovate facilities at a reasonable cost. "We urge the administration and Congress to work together to boost the amount of [charter school] funding available to meet the demand for more and better public school options", Nina Rees, president and CEO of the National Alliance for Public Charter Schools, said in a release.

State schools Superintendent Jennifer McCormick says the $59 million will be spread out over five years.

Charter schools are publicly funded but mostly privately run.

The money is meant to pay for students to attend charter schools and for planning and program design.



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