Thursday, May 30, 2013

Indiana School Choice Program to Return Millions Back to State’s Schools

Parents deserve educational choices, not excuses. And, one of the biggest excuses from the “anti-school choice” crowd is the claim that school choice drains funds from public education. However, new data indicates that Indiana’s Choice Scholarship Program could save the state millions of dollars, all while providing parents with the opportunity to choose the best school for their child. 

Check out this article by’s Megan Banta below for more info on how this school choice program is helping students and saving money:

“Indiana’s voucher program could return just under $5 million to the state’s schools this year – nearly $800,000 more than last year, the state’s top school finance officer said Wednesday.

“Melissa Ambre, director of the Indiana Department of Education’s office of school finance, told the State Budget Committee that the voucher program will result in a maximum of $4.9 million in redistributed savings statewide this year…”

“…School vouchers only cover up to 90 percent of the cost of a student’s private school education, the state gets back at least 10 percent of the per-pupil education funds set aside for those students that use vouchers. That remaining money is then pumped back into the statewide school funding formula.

“This year’s $4.9 million is more than the amount distributed last year, when the state distributed between $4.1 million and $4.2 million in savings to 292 public schools and 63 charter schools.”

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