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What does Options for
Education provide?
Options for Education supplies:
§
the
complete operational model with outstanding market support and hands-on,
ongoing customer service;
§
expertise
in SES regulations and reporting;
§
business
model with adjustable financial controls;
§
evaluation
and assessment tools;
§
shared
knowledge and best practices gathered from other Administrators;
§
research-based
HOSTS Learning Systems;
§
online
assessments with individualized prescriptions
§
on-site
and “real time” professional development and training;
§
web-based
student attendance data collection and tracking;
§
web-based
information resources;
§
OE
supporting manuals, templates and
forms that include operations scheduling; enrollment forms and tracking
of attendance, recruitment
strategies and examples, sample contracts for teachers,
paraprofessionals, mentors, school districts and others, and supporting
literature materials; all resulting in a community-specific,
community-owned and operated self-sustaining SES program.
Where does the revenue come
from?
- Program
revenue is generated from local, state and federal school funds and
other grants and awards.
- The
Academies target their community’s share of the $2.5 billion
funds that have been set aside for after-school efforts
- The
Administrator charges the schools and districts an hourly fee for
their eligible participating students. Fees should range between $29
and $37 per hour per student, based on the number of students
enrolled. This compares favorably to other tutoring and supplemental
education efforts that range from $55.00 to $110.00 per hour.
Where does the revenue go?
- If the
number of students participating in the Learning Academies meets
program guidelines, fees collected will allow the Administrator to
recover operating expenses, including administrative overhead,
individual site costs and evaluation expenses.
- Collected
fees will also pay for program licensing and fees.
What
does self-sustaining mean in this context?
- After all
expenses are paid, revenues will exceed costs, leaving an annual
positive ending cash balance that allows expansion of sites or
support of other programs.
Back to Options for Education Model
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