Bright Futures is a Florida-state-funded scholarship program that pays either 75% or 100%, depending on the scholarship level, for up to 132 credits hours in a 120-credit-hour program. Prepaid plans are purchased for a student prior to their attending college, and usually when the future college student is a young child. The plans guarantee the…

This report describes the program for financing public schools in Florida. The intent is to supply general information for those having a casual interest in state funding of schools and more detailed descriptions for the school administrator or the student of school finance. The first section of the report describes key features of the Florida…

The primary sources of capital funds in Minnesota are the local capital expenditure levy and school district bond sales. The state provides assistance to low-wealth districts by providing a capital expenditure equalization aid program and two types of loans under the Maximum Effort School Aid Law. It has been argued that the concepts of equal…