Charter School Finance
The primary source of state funding for Texas open-enrollment charter schools is the Foundation School Program (FSP). State Law and Commissioner's rules governing charter school FSP include the Texas Education Code §12.106, State Funding and 19 Texas Administrative Code §100.1041, State Funding. 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
Charter schools submit attendance data in the Foundation School Program (FSP) web application through TEA's security gateway, the Texas Education Agency Login (TEAL). The information is used by TEA 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.
2022-2023 Estimate of State Aid Template (Excel, 2,035 KB) "Version 2 September 2022"
2021-2022 Estimate of State Aid Template (Excel, 1,689 KB) "Version 4.1 June 2022 update"
Resources
- Foundation System Training
- School District State Aid Reports
- Student Attendance Accounting Handbook
- TEA Payment Report
- TEAL Quick Reference for Organization Approvers
- TEA Login (TEAL) and Getting FSP Application Access
For additional information, contact:
State Funding Division
Dina Black
(512) 463-9531
charterschoolfinance@tea.texas.gov