Funding

 

Charter Schools are Funded on the Principle That:

  • state funds follow the student

  • they receive appropriate portions of local money from the school districts in which the Charter School students reside

  • they may apply for state and federal start-up funds

  • they may not charge tuition or require students or parents to make donations 

  • they are subject to the same rules regarding school fees as other public schools
     

Legislation and Regulation

Funding Opportunities

Deadline Disclaimer

Please note that the deadlines for submissions is 5:00 p.m. MT. Applications submitted late will not be accepted. The State Charter School Board is required to enforce the established deadline to ensure fairness to all applicants. We suggest that you submit your application several days before the deadline, and we strongly recommend that you do not wait until the last day to submit your application. An email verifying receipt of the application will be sent by the next business date.

Charter School Revolving Loan Fund Application (FY20 2nd Round)
Deadline: August 9, 2019 no later than 5:00 P.M.

FY20 Revolving Loan Application 2nd Round
FY20 Revolving Loan Timeline 2nd Round

Standard Application for Financial Assistance

Pro Forma Financial and Budgetary Worksheet

Next Charter School Revolving Loan Meeting


Date: September 3, 2019

Where: USBE Offices (250 E 500 S, SLC) Rm 221
When: 1-3:00 PM

Agenda and Materials

Early Intervention Kindergarten Funding

Deadline: April 6th no later than 5:00 PM
Application for Early Intervention Kindergarten Funding Charter Schools
Also known as Optional Extended Kindergarten (OEK)

Charter School Startup and Implementation Grants

Applications are completed in the New School Application.
Schools in years two and three of the grant must complete a Grant Report.

Deadline for the Grant Report: July 31 of each year.
 

Startup and Implementation Grant Report

Startup and Implementation Grant Application

State Charter School Board (SCSB) Approved Startup and Implementation PlanSCSB Mandated Training Requirements

Innovative Student Improvement Program (ISIP)

Innovative Student Improvement Program Grant Application

Purpose: The purpose of this competitive grant is to provide funds for innovative programs intended to improve student outcomes. The State Charter School Board is defining innovative as an original and creative method. The school may determine how the innovative program improves learning. This grant may be used to enhance an existing innovative program already demonstrating success, or may be used to implement a new innovative program.

 

Awards: Total available funding for all awards is $200,000. LEAs may request a grant for any amount up to $100,000. The grant funds may not be expensed until after receipt of the award letter.

 

Deadline: All applications must be saved as PDF file and uploaded into the Applications Folder in the Documents Section of the Utah Charter Access Point (UCAP) system by 5:00 pm MST on Wednesday, July 17, 2019. Late applications will not be considered. All submissions are confirmed with a receipt email immediately after uploading.

Requirements: Required components should appear in the order listed below. The narrative sections of the proposal must be double spaced, Calibri font, and not smaller than 11-point. Use single spaces between paragraphs and 1” margins. Each page of the narrative must include a page header with the school name and page number. The narrative is limited to 15 pages and must provide all requested information. Applications may not include additional material beyond that allowed in the following list:

  • Cover Page with Financial Performance Metrics Table

  • Section 1: Background Information

  • Section 2: Proposal for Services

  • Budget

  • Assurance/Signature Form

Eligibility: The school must:

  • Have existed and provided education services for at least three years prior to the application

  • Have a track record of proven fiscal responsibility

  • Be willing to track student improvement data

  • Have the ability and willingness to share the results of the innovative program

  • Be willing and able to submit monthly financial reports

Report on Innovative Student Improvement Program Outcomes

Resources

Annual Reporting Calendar for SY2017-18

Charter School Facilities Financing Application
Utah State Charter School Finance Authority

Find Grant Opportunities: Grants.gov
Qualified Zone Academy Bonds (QZAB)/Qualified School Construction Bond (QSCB)

© Copyright 2017 by the Utah State Charter School Board

Tel: 801-538-7720

Email: James.Madsen@Schools.Utah.Gov

250 East 500 South
PO Box 144200
Salt Lake City, UT 84114-4200