Charter schools are funded on the principle that state funds follow the student. A differentiated WPU is applied to Charter School students. In distributing funds under the Minimum School Program Act, to charter schools, charter school pupils shall be weighted, where applicable, as follows:
The vast majority of funding comes through the WPU. In addition, the legislature appropriates funds each year to replace some of the local property tax revenues that are not available to charter schools. Charter schools may also apply for state and federal start-up funds and specialized funds if qualifying students are served in approved programs.
A charter school may not charge tuition or require students or parents to make donations and is subject to the same rules regarding school fees as other public schools.