1.MARKET OVERVIEW
Introduction
Charter Schools: A Boon for the Society
Serve the Disadvantaged Children and Remain Unnoticed
Relying on ‘No Excuse’ Approach
Extended Instructional Time
Table 1: Proportion of Charter Schools with or without Extended Instructional Time
Targets the At-Risk and Dropout Students
Table 2: Proportion of Target Student Population for Charter Schools
High Teacher-Administrator Ratio Ensure Better Performance
Smaller Size Ensure Greater Efficiency
Specialized Educational Programs
Charter Schools with Political Support Perform Better
2.SECTOR OVERVIEW
Charter Schools: A Primer
Challenges Faced While Establishing a Chartered School
Aim of a State While Framing the Charter Law
Organization and Structure of Charter Schools in the US
Charter School Facilities
Table 3: Proportion of Charter Schools Facilities by Acquisition Mode
Table 4: Ownership of Major Rented Charter School Facilities
Features of Charter Schools
Charter Authorizing Institutions
Role of Higher Educational Institutions
Organizing Principles for Charters
Evaluation
Private Management Companies in Public Education System
Contract Schools
For Profit Charter Schools
What’s In It for the Operating Company?
For-Profit Contract School Models
Management Fee Model
Profit and loss model
Selecting Between the Management Fee and Profit and loss Model
Charter Schools and Company-Run Charter Schools – A Comparison
Virtual Charter Schools in the US
Evolution of Cyber Charter Schools
Growth Drivers
K12: A Leading Player in Virtual Charters
How it Works?
US Charter Authorizers
Alternative Charter Authorizers
Table 5: Total Number of Active Alternative Charter Authorizers in 14 US States, as of 2006
Table 6: List of Independent State Charter Boards, as of 2006
Table 7: List of Municipal Office Charter Authorizers in the US, as of 2006
States that Support Charter Schools have Multiple Authorizers
Table 8: Charter Approvals for the Years 2006 & 2007 – Percentage Share by Authorizing Body - Local School Boards, State Boards of Education, State Chartering Boards, Universities/ Colleges, Mayor/City, and Others (nonprofits)
Education Service Providers
Education Management Organizations
Virtual School Management Organizations
Comprehensive School Design Management Organizations
3.STRATEGIC CORPORATE DEVELOPMENTS
A REGIONAL MARKET PERSPECTIVE
1.THE UNITED STATES
Rationale Behind the Formation of Charter Schools
Ground Facts
The ‘No Child Left Behind’ Act To Ensure Accountability
A Peek Into History
The Set Back
Table 9: Major Reasons for Closure of Charter Schools Since 1992
…And the Remedial Measures
Charter Schools - Present Scenario
Table 10: Charter Schools in the US: Total Number of Charter Schools, and Charter School Student Enrollments for the Academic Year 2007-08 and 2008-09
Table 11: Charter School Enrollments in Academic Years From 1999-2000 to 2008-09
Table 12: Number of Charter Schools in Academic Years From 1999-2000 to 2008-09
Table 13: Updates on Charter Schools During Academic Years 2006-07 and 2007-08
Inadequate Charter Approvals Contribute to Growing Waiting Lists
Table 14: Enrollment and Waiting List Status in Charter Schools in 2006 and 2007
State-Level Scenario
Table 15: Ranks of States in Terms of Number of Charter School Enrollments in the Academic Year 2007-08
Community Level Scenario
Table 16: Top Ten Communities with High Proportion of Charter School Students as of 2008
Growth in Terms of Geographic Presence
Table 17: Growth of Charter Schools in Terms of Number of States Implementing Charter School Laws
Year of Establishment of Charter Legislation (State-wise)
The States Yet to Pass Charter School Law as of 2009
Sources of Finance
Federal Grants Through the U.S. Department of Education (DE)
Credit Enhancement for Charter School Facilities Program
Community Development Financial Institutions
Table 18: Volume of CDFI Loans (in US$ Million) Delivered to Charter Schools for the Period 2000 through 2006
State Charter School Facilities Incentive Grants
Charter Schools Program
Per pupil allocation from state tax dollars
District Funding
Private Investments
Select Private Non-profit Finance Providers in the US
Charter School Spending Pattern
Administration Spending
Table 19: Average Per-Pupil Administration Expenditures in US Dollars in Select States - Minnesota, Florida, Connecticut, North Carolina, Michigan, Arizona, Texas, and Colorado
Instructional Spending
Table 20: Average Per-Pupil Instructional Expenditures in US Dollars in Select States - Connecticut, Minnesota, Pennsylvania, Michigan, Florida, North Carolina, Colorado, Texas, and
Financial Impediments for Special Education
Table 21: Charter Schools in the US (2001-02): Percentage Share of Students with Special Needs in Select States - Florida, Massachusetts, Connecticut, North Carolina, Minnesota, Michigan, Pennsylvania, District of Columbia, Texas, California, Arizona, and Colorado
Top Charter Schools By Performance
List of Top Ranking Charter High Schools in the US in 2008
Key Studies and Findings
Challenges for the Charter Schools
Facility and Start-up Funding Remain a Major Challenge
Limited Operational Funds
Other Challenges
Criticism For Charter Schools
Fragile Commitment for Accountability
For-Profit Charter Schools
High Staff Turnover Impacts Quality of Education
Discrimination and Segregation
US Charter Schools – State-wise Analysis
Arizona
Overview
California
Overview
Charter Launch
Table 22: California State Charter Schools (2008): Percentage Share of Charters Closed by Category – Finance, Mismanagement, District, Facilities, Academic, and Others
Colorado
Overview
Charter School Institute
District of Columbia
Overview
Florida
Overview
Table 23: Performance of Graded Charter Schools in Florida for the year 2008
Table 24: Enrollments to Charter Schools in Florida From Academic Year 2005-06 to 2008-09
Table 25: Number of Charter Schools in Florida From Academic Year 2005-06 to 2008-09
Table 26: Florida State Charter Schools (2008-09): Proportion of Students in Charter Schools by Ethnicity – Asians, Non-Hispanic Whites, Non-Hispanic Blacks, Hispanics, Native Americans, and Others (Multiracial)
Table 27: Florida State Charter Schools (2008): Percentage Share of Charters Closed by Category – Finance, Academic, Mismanagement, Facilities, District, and Others
Idaho
Overview
Illinois
Overview
Table 28: Illinois State Charter Schools (2007-08): Percent Share of Charter School Students by Ethnicity – White, Hispanic, Black, Asian Pacific, Native American, and Other/Multiracial
Table 29: Number of Charter School Students in Illinois From Academic Year 2004-05 to 2007-08
Table 30: Illinois State Charter Schools (2008): Percentage Share of Charters Closed by Category –Finance, District, Mismanagement, and Academic
Indiana
Overview
Charter Authorization Scenario
Michigan
Overview
Table 31: Michigan State Charter Schools (2008): Percentage Share of Charters Closed by Category – Finance, Mismanagement, Academic, Facility, and District
Minnesota
Overview
Students Migrate from Public Schools to Charter Schools
Table 32: Minnesota State Charter Schools (2008): Percentage Share of Charters Closed by Category – Finance, Mismanagement, Academic, and Facility
New Hampshire
Overview
Educational Funding Legislature Restricts Growth of charted Schools
New York
Overview
Failure of For-profit Educational Management Organizations
North Carolina
Overview
Charter Schools Draw Demand Amid Speculations on Performance
Table 33: North Carolina State Charter Schools (2008): Percentage Share of Charters Closed by Category – Facility, Finance, and Mismanagement
Ohio
Overview
Table 34: Number of Charter Schools and Charter School Students From 1998 to 2006
Charter Schools Grow Behind Iron Curtains
The Accountability issue
Funding Mechanism
Table 35: Charter Schools in Ohio (2007-08): Average Per Pupil Revenue in Select School Systems by City - Akron, Canton, Cincinnati, Cleveland, Columbus, Dayton, Toledo, and Youngstown
Table 36: Ohio State Charter Schools (2008): Percentage Share of Closed Charter Schools by Category – Finance, Mismanagement, Academic, District, Facility, and Others
Pennsylvania
Overview
Cyber Charter Schools in Pennsylvania
Tennessee
Overview
Recent Efforts to Facilitate Growth of Charter Schools
Texas
Overview
Table 37: Texas State Charter Schools (2006-07): Percentage Share of Minority Students by Ethnicity - Hispanic, African American, Caucasian, and Others
Charter School Types
Open Enrollment Charters
District Charters
University Charters
Home-Rule School District Charters
Table 38: Texas State Charter Schools (2007-08): Student Enrollments in Open Enrollment Charters, District Charters, University Charters, and Home- Rule School District Charters
Waiting Lists Emphasize the Popularity of Charter Schools
Table 39: Texas State Charter Schools (2007-08): Student Enrollments and Waiting Lists by Select Region – Austin, Corpus Christi, Dallas/ Fort Worth, El Paso, Houston, Rio Grande Valley, and San Antonio
Table 40: Texas State Charter Schools (2008): Percentage Share of Closed Charter Schools by Category –Academic, Mismanagement, Finance, Facility, and Others
Charter Schools Operating Outside the US
2.CANADA
Overview
3.CHILE
Overview
4.ISRAEL
Parental Choice of Schools
Charter Schools: A Viable Solution
5.NEW ZEALAND
Overview
6.THE UNITED KINGDOM
Overview60Global Directory
