Charter School Grants
In 2008, Tennessee received a five year CSP grant for fiscal years 2009-10 to 2013-14. In 2013, Tennessee received a one year extension for fiscal year 2014-15. In prior years, charter schools applied for planning and implementation grants. Because this grant ends July 31, 2015, these awards will only be for planning year activities. Tennessee may be able to apply for and receive funding for future periods, but there is no guarantee that such funds will be available or that Tennessee will be successful in receiving any such funds.
Planning grants are paid in disbursements, as working capital advances, per EDGAR 80.21(e). The first $50,000 will be paid following approval of the grant. The remaining two payments of $50,000 will be paid following reconciliation of the prior disbursements.
The U.S. Dept. of Education may or may not have additional grant funds that Tennessee could apply for when our current grant ends in July 2014.
The U.S. Dept. of Education’s entire budget allocated to charter school programs has shrunk in recent years. At the same time, the Department has been offering more grants directly to charter schools and networks, as well as to national foundations supporting the growth of charter schools. In Tennessee, charter school sponsors may be able to apply for several different grants, such as these:
- Replication grants from the U.S. Dept. of Ed., available to individual schools.
- Awards from the Tennessee Charter School Growth Fund.
- Investing in Innovation (i3) grants. The Achievement School District has several of these grants to award.
In 2013, this Lipscomb University study examined the best uses of Charter School Program (CSP) grant funds.
- Planning & Implementation (PLIMP) Grant Application 2014 Deadline: August 29, 2014
- Planning & Implementation (PLIMP) Budget 2014Deadline: August 29, 2014
- Planning & Implementation (PLIMP) Scoring Rubric 2014