Halfway through the academic year, one of the nation’s largest online charter schools, Electronic Classroom of Tomorrow (ECOT), is closing abruptly, leaving families of the roughly 12,000 Ohio students scrambling to find other schooling options. According to one Marietta Times article, “ECOT students would have to be accepted by their local public school districts, some of which already started preparing for that scenario.”
We can imagine that many students, families, and schools might be in panic-mode as they struggle to figure out what to do in light of the sudden ECOT school closure. Getting students, their transcripts, and other records transferred quickly and efficiently is just one of the challenges being faced. As area schools scramble to help, they may be wondering how they’ll be able to fund this unexpected growth and the costs associated with increased enrollment. This is where Charter School Capital can help. Whether your school is taking on many new students or just a few, we can help fill any funding gap so you can get back to your focus—educating kids.
In order to make sure other charter schools are able to re-home these students, we’re offering flexible funding to Ohio schools to offset the costs of teachers, staff, onboarding, and facilities in order to enroll them. We can secure funding to offset the unexpected costs in as little as 14-30 days to make sure you can serve those students. Let us know how we can help.
Since the company’s inception in 2006, Charter School Capital has been committed to the success of charter schools. We help schools access, leverage, and sustain the resources charter schools need to thrive, allowing them to focus on what matters most – educating students. Our depth of experience working with charter school leaders and our knowledge of how to address charter school financial and operational needs have allowed us to provide over $1.8 billion in support of 600 charter schools that have educated over 1,027,000 students across the country. For more information on how we can support your charter school, contact us. We’d love to work with you!