This grant program, in Title V of the Elementary and Secondary Education Act (f.k.a. No Child Left Behind), is a new program in support of high quality charter schools with demonstrated records of success. Priority will be given to charter schools assisting turnaround schools in poverty areas.
Each applicant for this grant needs to demonstrate that they have strong academic results and there are no significant issues in the areas of student safety, financial management, or statutory or regulatory compliance in order to be competitive against the other applicants.
The anticipated average award will be $7 million for a five-year period. An estimated 5-8 awards will be given this fall.