In order to expand high quality public preschool, a 3-step approach to ensuring adequate funding is needed. First, design a program to meet a state's goals and then determine the cost of that program. Second, designate how the resources to pay for that cost will be obtained. Third, specify how the funds will be distributed to local entities. The…

Student-Based Budgeting (SBB)--also called weighted student funding, fair student funding, student-based allocations, or student-centered funding--is a school funding system where schools receive dollars based on the number of enrolled students and their individual needs (such as English language learners, or students from high-poverty…

Developed by Radford University to overcome the inadequacies of an acquisition allocation system based on faculty demand, this updated allocation formula considers factors of undergraduate credit person hours, number of declared undergraduate majors, graduate credit person hours, number of graduate majors, average cost weighting, importance of…