Charter School Finance
The primary source of state funding for ɬÀï·¬ open-enrollment charter schools is the Foundation School Program (FSP). State Law and Commissioner's rules governing charter school FSP include the and . In general, the number of students attending, and student program participation determine the total FSP funding the charter school will receive. Refer to the School Finance Topics - One Page Description about Charter School Funding.
FSP System Deadlines
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Charter schools submit attendance data in the Foundation School Program (FSP) web application through TEA's security gateway, the ). The information is used by ɬÀï·¬to determine the FSP allocation and payments. Three main FSP system report deadlines are listed in the table below.
| FSP Submission | FSP Submission Deadline |
|---|---|
| Estimate Data Report (optional submission) | August 1 |
| Accelerated Payment Schedule (optional submission and subject to eligibility) | September 1 |
|
Six-week District Summary Attendance (Required submission for each six-week period) |
10 Calendar Days after six-week period ends |
Estimate of State Aid Template
The template is published annually in July and is periodically published with version updates. For planning purposes, charter schools may continue to use the latest version of the Estimate of State Aid Template to project FSP state aid for the current or upcoming school year.
2023-2024 Estimate of State Aid Template (Excel, 1,465 KB) "Version 4 revised March 2024"Ìý
2022-2023 Estimate of State Aid Template (Excel, 1,458 KB) "Version 4 March 2023"
Resources
- Charter School Facility Funding
- Foundation System Training
- Student Attendance Accounting Handbook
- TEAL Quick Reference for Organization Approvers
- ɬÀï·¬Login (TEAL) and Getting FSP Application Access
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For additional information, contact:
State Funding Division
Dina Black
(512) 463-9531
charterschoolfinance@tea.texas.gov