A new report from the National Alliance for Public Charter Schools highlights the tangible return on federal investment in the Charter Schools Program (CSP). Released earlier this month, the report outlines numerous ways the CSP has helped bolster the charter movement nationwide.
Small investment–but big impact
Funded at $440M in FY 2023, the CSP accounts for less than 1% of all federal spending on K-12 education. Moreover, as the Alliance notes, the CSP is “the only source of dedicated federal funding to support the creation, expansion, and replication of public charter schools.” Yet its impacts are big.
In a press release, Nina Rees, the president and CEO of the Alliance, said:
This report explores the impact of the CSP on communities around the country, and makes the case for increased funding for the program. In the report, we explain the charter school model, offer a brief history of the CSP, profile inspiring grantees, and address persistent misconceptions. Charter schools are a vital part of the public school ecosystem, and by advocating for the CSP, we can help more students access a public school that meets their unique needs.
Read the full report.