Chicago charters, and their advocates, get thousands and thousands in federal loans 

About a dozen Chicago constitution faculties, and a widely known constitution advocacy group, acquired thousands and thousands in federal reduction funds from the Trump administration, in response to information launched by the federal authorities Monday.

Among these faculties are small networks like Urban Prep, Betty Shabazz, and the Academy for Global Citizenship, in addition to bigger chains, comparable to KIPP and Perspectives. Illinois Network for Charter Schools, a constitution advocacy group, was additionally a recipient of the cash.

In whole, Illinois-based faculties or constitution teams will obtain not less than $5 million from the federal Paycheck Protection Program. The forgivable loans, meant to assist maintain payroll throughout the coronavirus pandemic, weren’t obtainable to public college districts. (Chalkbeat can be a nonprofit and acquired federal paycheck safety funding.)

The listing doesn’t embrace actual greenback quantities for the colleges, solely ranges. Urban Prep, as an illustration, acquired between $1 million and $2 million, whereas KIPP acquired between $2 million and $5 million, in response to the information.

It’s solely the most recent instance of how Chicago charters, which obtain public funds however are privately run, have gone their own way since the pandemic on every little thing from grading and student advancement to trainer retention. (Nationally, some constitution faculties have been criticized for taking public funding as they herald sizable donations.)

In a press release, the Illinois Network for Charter Schools referred to as the cash “an immediate lifeline,” and famous that charters are dealing with “a tougher panorama than… just a few months in the past,

The Chicago college board accredited $75 million for emergency response companies for faculties in March, and as of June, the district mentioned it spent almost $55 million, totally on computer systems and pay for frontline staff. At the state degree, Illinois announced in April it expected to receive $569.5 million in emergency school funds from the federal authorities to spend on its coronavirus response.

Last spring, constitution faculties confronted a monthslong deadlock with Chicago Public Schools about funding earlier than agreeing to a brand new funding system that gave charters more money for students who need special education or bilingual services and for services.

Like different faculties, constitution faculties are dealing with excessive bills for reopening lecture rooms throughout the pandemic and uncertainty about how they might be affected by price range cuts. All faculties — district, constitution, and personal — are sharing different federal coronavirus reduction funds earmarked for schooling, although how they break up it has additionally stirred controversy.

Monday’s listing of nonprofits and companies receiving not less than $150,000 in PPP loans from the federal authorities is the primary public disclosure of what number of charters have benefitted from the funds.

The listing doesn’t embrace actual figures for the mortgage quantities, solely ranges, and organizations receiving lower than $150,000 weren’t named.

Stephanie Wang contributed reporting.

Leave a Comment

Item added to cart.
0 items - $0.00