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E-Learning Funding Models Analyzed

Financing approaches vary widely from state to state

Just as the size, scope, and type of virtual school options available vary widely from state to state, so too do the methods of paying for them. For instance, the costs associated with operating a full-time virtual school are much different from the costs of providing supplemental online courses, which consequently need a much different funding formula.

While similarities in finance mechanisms exist between states, many choose to use a combination of those methods or create tailored policies that address specific state environments. But while the methods vary, advocates for online education agree that some models best support the growth and financial stability of virtual schools.

To begin with, the money should follow the student, advocates say. That method is the only way to make sure virtual schools are not limited in the number of...