About the Webinar:
This presentation explored the impact of the Personalized Education Program (PEP) and Unique Abilities (FESUA) scholarships, which provide hundreds of millions of dollars in choice scholarships to tens of thousands of homeschooled students. These funds are not allocated to traditional private schools. The session discussed how part-time enrollment (private schools), contracted services (public schools), and other strategies can be utilized to meet the unique needs of these students. It also provided a walkthrough of the entire process in the Step Up For Students (SUFS) Education Market Assistant (EMA) marketplace, from account creation to invoicing student accounts.
Accessing Choice Scholarships as a New Revenue Stream
Presenter:
- David Heroux, Senior Director of Provider Relations & Development, Step Up For Students
Date/Time: November 19, 2024
Conference: 2024 FL Charter School Conference
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Handouts / Slides:
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Session Summary
This presentation, "Accessing Choice Scholarships as a New Revenue Stream," by David Heroux, Senior Director of Provider Relations & Development at Step Up For Students, explores how schools can access new funding sources by serving homeschool students through choice scholarships. The session begins by highlighting the substantial financial resources available through these scholarships, particularly the Personalized Education Program (PEP) and Unique Abilities (FESUA) scholarships.
The presentation delves into the specifics of how schools can utilize these scholarships. It focuses on part-time enrollment for private schools, contracted services for public schools, and other avenues for serving homeschool students who may not attend a traditional school full-time.
The session also provides a step-by-step walkthrough of the Step Up For Students (SUFS) Education Market Assistant (EMA) marketplace. This includes creating an account, setting up service offerings, managing student accounts, and invoicing procedures.
The presentation emphasizes the significant growth of homeschooling and the increasing funding available through choice scholarships. It encourages schools to view this as an opportunity to expand their services, meet the unique needs of homeschool students, and access new revenue streams.
Key takeaways for attendees:
- Understand the scope and materiality of choice scholarships, particularly PEP and FESUA, and how they can be utilized to serve homeschool students.
- Learn how to navigate the SUFS EMA marketplace, from account creation to invoicing, to access and manage these scholarship funds.
- Explore various avenues for serving homeschool students, including part-time enrollment, contracted services, tutoring, and therapies.
- Recognize the growing homeschool population and the increasing funding available through choice scholarships as a potential revenue stream for schools.