Charter Schools Get Big Funding Boost | Columbia News

South Carolina just dropped a major bombshell for charter schools: they can now apply for public money to build or upgrade their facilities — a game-changer since charters have long been stuck without local tax revenue or bond powers. A one-time $75 million fund, carved from the state budget, targets rural and charter schools for in-person K-12 spaces, helping those operating out of churches or shared rooms finally get proper buildings. A seven-member committee — including the governor, lawmakers, and business leaders — will decide how funds are distributed, prioritizing nonprofit charters with at least four years’ track record and strong academic outcomes. While it’s not permanent, this is a crucial first step toward leveling the playing field for 65,000 students — and the state’s watching closely to see if it sparks lasting change. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Sources:https://www.thestate.com/news/politics-government/article317241894.html#storylink=mainstage_card More coverage & latest updates:https://sources.thednn.ai/b176475a4cca7155 Report issues to [email protected].