PUBLIC LAW 103-382—OCT. 20, 1994
108 STAT. 3829
"(3) ALLOWABLE ACTIVITIES. — An eligible applicant receiving a grant or subgrant under this part may use the grant
or subgrant funds only for—
"(A) post-award planning and design of the educational
program, which may include—
"(i) refinement of the desired educational results
and of the methods for measuring progress toward
achieving those results; and
"(ii) professional development of teachers and other
staff who will work in the charter school; and
"(B) initial implementation of the charter school, which
may include—
"(i) informing the community about the school;
"(ii) acquiring necessary equipment and educational materials and supplies;
"(iii) acquiring or developing curriculum materials;
and
"(iv) other initial operational costs that cannot be
met from State or local sources.
"(4) ADMINISTRATIVE EXPENSES.— Each State educational
agency receiving a grant pursuant to this part may reserve
not more than 5 percent of such grant funds for administrative
expenses associated with the charter school grant program
assisted under this part.
"(5) REVOLVING LOAN FUNDS. —Each State educational
agency receiving a grant pursuant to this part may reserve
not more than 20 percent of the grant amount for the establishment of a revolving loan fund. Such fund may be used to
make loans to eligible applicants that have received a subgrant
under this part, under such terms as may be determined by
the State educational agency, for the initial operation of the
charter school grant program of such recipient until such time
as the recipient begins receiving ongoing operational support
from State or local financing sources.
"SEC. 10305. NATIONAL ACTIVITIES.
20 USC 8065.
"The Secretary may reserve not more than ten percent of the
funds available to carry out this part for any fiscal year for—
"(1) peer review of applications under section 10304(c);
"(2) an evaluation of the impact of charter schools on student achievement, including those assisted under this part;
and
"(3) other activities designed to enhance the success of
the activities assisted under this part, such as—
"(A) development and dissemination of model State
charter school laws and model contracts or other means
of authorizing and monitoring the performance of charter
schools; and
"(B) collection and dissemination of information on
successful charter schools.
"SEC. 10306. DEFINrnONS.
20 USC 8066.
"As used in this part:
"(1) The term 'charter school' means a public school that—
"(A) in accordance with an enabling State statute, is
exempted from significant State or local rules that inhibit
the flexible operation and management of public schools.
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