14% Of Charter Schools That Received Federal Funds Through A State Grant Closed Or Never Opened

About 14% of charter schools that received federal Charter Schools Program (CSP) State Educational Agencies or Stte Entites awards to open a new school or expand an existing school, via their state entity, never opened or closed . However, in a comparison of closure rates among charter schools that received CSP State Educational Agencies/State Entity (SEA/SE), CSP Charter Management Organization (CMO), and CSP Developer grants and those that did not, the grantees were about 1.5 times less likely to close within five years. The overall five-year closure rate was 1.4% among the grantees compared to 2 . . .