R277-554-2. Charter School Start-up and Implementation Grants

  (1) A charter school that desires to receive State Charter School Board start-up and implementation grant funds shall comply with the requirements of this Section R277-554-2.

  (2) To receive a State Charter School Board start-up or implementation grant, a charter school may be eligible if the charter school:

  (a) meets the requirements of Section 53G-5-404;

  (b) has a finalized charter agreement with the school's authorizer;

  (c) submits an application for the grant within six months of approval by the school's authorizer; and

  (d) demonstrates a plan to use the funds within the next two full school years.

  (3) New, replication, and satellite schools may be eligible for start-up and implementation grant funds.

  (4) A charter school may not receive start-up and implementation grant funds for school expansion.

  (5) Only schools that have not received state start-up or implementation grant funds in prior years are eligible.

  (6) The State Charter School Board shall determine amounts and conditions for distribution of state start-up or implementation grant funds.

  (7) Grant funds may only be used for allowable expenditures as established by the State Charter School Board annual application form.

  (8) Grant recipients shall participate in monitoring activities and shall provide monitoring information to the Superintendent, as directed.

  (9)(a) A charter school shall repay grant funds to the State Charter School Board if recipients change to non-charter status within ten years of receiving grant funds.

  (b) The State Charter School Board may grant an exception to the requirements of Subsection (9)(a) for a school that converts status, due to either federal or state law requirements, for academic purposes.