Current:Home > FinanceFastexy Exchange|Many eligible North Carolina school voucher applicants won’t get awards -Horizon Finance School
Fastexy Exchange|Many eligible North Carolina school voucher applicants won’t get awards
SignalHub Quantitative Think Tank Center View
Date:2025-04-09 11:29:32
RALEIGH,Fastexy Exchange N.C. (AP) — A massive spike in applications to North Carolina’s school voucher program means most higher-income families won’t receive financial help for the coming year even though the General Assembly did away with income caps on the program. There simply isn’t enough money to accommodate a six-fold increase to 72,000 new applicants this year, all seeking subsidies to send their children to private K-12 schools through the Opportunity Scholarship program, according to reporting by the The News & Observer of Raleigh and WRAL-TV.
Lawmakers in 2023 also opened first-time grants to current private school students.
State law requires the program to first offer scholarships to existing voucher holders. More than 32,500 students received them this year. Next come the lowest-income applicants -- for example, a family of four that makes a maximum $57,720. Families earning up to twice that amount are prioritized in the next group.
The authority said it awarded new vouchers for the maximum amount of $7,468 per child to over 13,500 applicants from the lowest-income tier, according to the media reports. Applicants must decide by April 19 whether to accept the award.
Based on the numbers so far, only some applicants in the next tier will receive scholarships, the authority said. Those applicants are eligible for $6,722 per child. How many will get an award depends on how many applicants from the lowest income bracket accept their offers.
There is no money available for higher income groups — like families of four making over $115,440 annually — the authority said.
Lawmakers provided $293.5 million for the program for the 2024-25 school year, The News & Observer reported. The current state budget envisions transferring more public money to scholarship funds over the next decade, reaching over $500 million annually by fall 2031.
It’s still possible for the General Assembly to increase next year’s voucher funding to assist more students. The budget-adjustment session begins April 24.
Democratic Gov. Roy Cooper, a longtime critic of the scholarships, has called for a moratorium on expanding the program until he says public schools are fully funded. Republicans hold narrow veto-proof majorities in the House and Senate.
veryGood! (5)
Related
- Where will Elmo go? HBO moves away from 'Sesame Street'
- Boy’s death at therapy program didn’t appear natural, but sheriff says they’re awaiting cause
- How much are 2024 Super Bowl tickets? See prices for average, cheapest and most expensive seats
- Everything You Need for that Coastal Cool Home Aesthetic We All Can’t Get Enough of
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- The Rock expected the hate from possible WrestleMania match, calls out 'Cody crybabies'
- 50 pounds of chewed gum: Red Rocks Amphitheater volunteers remove sticky mess from seats
- Drew Brees raves about Brock Purdy's underdog story and playmaking ability
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- Audit of $19,000 lectern purchase for Arkansas governor almost done
Ranking
- Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
- Ukrainian-Japanese Miss Japan pageant winner Karolina Shiino returns crown after affair comes to light
- AP Week in Pictures: North America
- Pamela Anderson Addresses If Her Viral Makeup-Free Moment Was a PR Move
- Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
- Law enforcement cracking down on Super Bowl counterfeits
- Man accused of stalking New York cafe owner by plane has been arrested again
- Google is rebranding its Bard AI service as Gemini. Here's what it means.
Recommendation
Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
She asked for a Stanley cup, he got her an NHL Stanley Cup replica: A dad joke for our time
50 pounds of chewed gum: Red Rocks Amphitheater volunteers remove sticky mess from seats
California's big cities are usually dry. Floods make a homelessness crisis even worse.
Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
Special counsel finds Biden willfully disclosed classified documents, but no criminal charges warranted
5 missing Marines found dead after helicopter crash in California, officials say
Jon Stewart changed late-night comedy once. Can he have a second act in different times?