This paper identifies and discusses components of successful magnet programs. It is based on a review of existing research literature and information gathered directly from school districts. First, the paper discusses separately the following elements, which are considered "core components": (1) leadership; (2) organizational structure; (3) program design; (4) staffing; (5) student selection; (6) resources; (7) student recruitment; (8) transportation; (9) funding; and (10) evaluation. Next, the paper describes "ancillary components," elements which add to effectiveness of the magnet school but depending on local circumstances may or may not be included. These are the following: (1) parental involvement; (2) corporate/community support; (3) inter-district participation; and (4) evaluation. A conclusion outlines the ways in which magnet schools have proved to be effective. They work to reduce violence and vandalism, and improve attendance rates, student achievement, and student self-concept and school attitude. (KH)