Effective charter funding solutions vary from school to school and from state to state. And while finding those solutions takes a dedication to education, it also means inspiring positive action by facing what are sometimes the unfortunate realities behind the lack of charter funding in a particular region: in this case, the United States.
According to a recent survey published by the National Alliance for Public Charter Schools (NAPCS) in June of 2013, the number of names on public charter school waitlists across the country has significantly increased during the 2012-13 school year. Whereas during 2011-12, the number of names on charter waitlists was an estimated 610,000, that number now approaches the one million mark at 920,007.
NAPCS also reported that 67% of public charter schools across the country reported having children on their waitlist with an average waitlist consisting of 214 students.
The cause behind the lengthy waitlists is parents’ growing demand for high quality public charter in America. Though the number of charter schools nationally is continuing to grow, the pace of funding seems inadequate to meet the burgeoning need. And while funding for older charter schools is still an ever-pressing reality for many charter schools, the charter funding market is becoming more and more competitive (as demonstrated by this data) with each additional charter school founded.
To learn more about what Charter School Capital is doing to help states address their need for improved (and increased) charter school education and charter funding, visit us today at https://charterschoolcapital.org/.