Chartered Schools by Nancy Beadie download in iPad, ePub, pdf
In most states, charters do not receive capital funds to support facility expenses. They operate under a written contract with a state, district or other entity referred to as an authorizer or sponsor. In New Jersey, there is one authorizer, the state Commissioner of Education. Federal legislation provides grants to help charters to manage start-up costs.
These institutions are not supervised by the state but by a board of directors. This varies from state to state, depending on the state's charter law.
State and local governments have also shown willingness to help with financing.
Certification requirements vary on a state-by-state basis. Heightened competition can result in effective educational programs nationwide.
The first charter to operate was City Academy in St. They are funded according to enrollment levels and receive public funds on a per pupil basis.
In other states, such as California, additional funds or loans are made available to them. Universities sometimes apply additional requirements or have cyber-charter quotas limiting the number of applicants.