1. P R E S E N T E D B Y
L A L S I A M K I M A H N A M T E
M . E D , 4 T H S E M E S T E R
R O L L N O - 1 5
FINANCE FOR SECONDARY
EDUCATION IN USA
(M.ED./4/SP/403-B)
2. INTRODUCTION
Financing education is a term used to describe the
financial and in-kind resources available for
education. The concept of education finance also
addresses questions about how resources are
allocated, used and accounted for to achieve
sustainable and quality education for all children and
youth. In most countries basic education is
nowadays perceived not only as a right, but also as a
duty. Governments are typically expected to ensure
access to basic education, while citizens are often
required by law to attain education up to a certain
basic level
3. FINANCE FOR SECONDARY EDUCATION
IN U.S.A
Secondary education in U.S.A is the last seven years of
statutory formal education, i.e. from grade 6 (age 11-12)
through grade 12 (age 17-18). Secondary education
occurs in two phases. The first phase is the lower
secondary phase which is a junior high school. The
second phase is the upper secondary phase which is the
senior high school. Strong local responsibility and
decentralized control is found in the U.S.A; responsibility
divided between national and local units. U.S.A is a
federal, republic and democratic country. The federal
government does not operate public schools. Each of the
50 states of U.S.A has its own Department of Education
that set its own guidelines.
4. STATE, LOCAL AND FEDERAL ROLE IN
EDUCATION FUNDING
Education is USA is mainly provided by the public sector with
control and funding from three levels, i.e. federal, state and
local. The funding of public elementary and secondary schools
in the United States involves a combination of local, state, and
federal government revenues, in proportions that vary
substantially both across and within states. According to the
most recent data, state governments provide 47.0% of these
revenues, local governments provide 44.8%, and the federal
government provides 8.3%. Over the last several decades, the
share of public elementary and secondary education revenues
provided by state governments has increased, the share
provided by local governments has decreased, and the federal
share has varied within a range of 6.0% to 12.7%.
5. STATE
According to the US Department of Education, the
Federal Government contributes about 47.0% to
funding US public schools. To fund the remaining
balance per student in the public education System,
state and local governments are mandated to allocate
money towards education. The state allocates a
percentage of its revenue, from sales and income tax,
to use towards education.
6. LOCAL
The Local government allocates education funding
from the revenue generated by property tax and
other fundraising efforts. Local officials have the
ability to influence the rate of change of property
taxes that are used to fund local expenditures,
including education. Due to the varied levels of
income throughout states and within local
communities, education funding suffers from
inequalities where some communities have excessive
funding and others are lacking important resources
to support students.
7. FEDERAL
According to the US Department of Education, the
Federal Government contributes about 8.3 % to
funding US public schools. The Federal Educational
Programmes are as follow:
8. 1. Assistance to state government: It gives financial assistance
and land to state governments, which in turn makes grants available
to various agencies.
2. Provision for Education in the Centrally Administered
Areas: It makes provision for education in the centrally
administered areas.
3. Education of the Red Indians: It makes full
arrangement for the education of the Red Indians.
4. Training and Education of its Employees: It makes
its own arrangement for the training and education of its
employees.
5. Assistance for Educational Programmes: It provides
financial assistance in full or in part for providing various types of
educational facilities.
6. Foreign Educational Programmes: It collaborates
with other foreign countries in planning educational programmes.
7. Clearing House Function: It serves as a clearing house
for educational information.
9. PUBLIC SCHOOLS
: For most public schools the funding comes from
three different levels. The federal government does
not officially fund or govern education; this is within
the purview of each state. The state governments
gather and distribute a significant amount of funding
for schools through state sales and income taxes,
lotteries, and property taxes. Local governments also
often contribute through their respective taxation
systems as well.
10. PRIVATE SCHOOLS
Private schools, on the other hand, are typically
funded by a combination of tuition, gifts,
endowments, scholarship/voucher funds as well as
donation and grants from religious organizations or
private individuals. These schools seem to
continually provide an overall higher quality of
education to students, but at a cost that not many
families can shoulder.