Today in charterization: $1.38M for Grover Cleveland School, new cyber charters for PA

While Philly schools struggle with potentially crushing debt — a deficit as large as $282 million, according to new and much more concerning figures released Friday — one local school that was recently converted into a "Renaissance" charter school is about to see a big cash influx. Grover Cleveland School, a Tioga neighborhood school that will reopen as a Mastery-run charter in the fall, will receive a $1.38 million federal School Improvement Grant, part of $6.9 million to be administered by the state Department of Education. Mastery is also a major beneficiary of financing and/or grants from The Reinvestment Fund and Philly School Partnership, as Daniel Denvir outlined in his cover story on the William Penn Foundation and its chief executive, Jeremy Nowak.

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Today in charterization: $1.38M for Grover Cleveland School, new cyber charters for PA

POSTED: Monday, July 9, 2012, 3:03 PM

While Philly schools struggle with potentially crushing debt — a deficit as large as $282 million, according to new and much more concerning figures released Friday — one local school that was recently converted into a "Renaissance" charter school is about to see a big cash influx. Grover Cleveland School, a Tioga neighborhood school that will reopen as a Mastery-run charter in the fall, will receive a $1.38 million federal School Improvement Grant, part of $6.9 million to be administered by the state Department of Education. Mastery is also a major beneficiary of financing and/or grants from The Reinvestment Fund and Philly School Partnership, as Daniel Denvir outlined in his cover story on the William Penn Foundation and its chief executive, Jeremy Nowak

“We cannot overstate the impact that money like this will have,” said Rep. Rosita Youngblood in a statement. “It financially underwrites a shift in approach that otherwise could not take place. It funds a new direction at Grover Cleveland, one that hopefully will yield better test scores and graduation rates.” Of course, a massive infusion of cash is one way to make sure that a shifted approach — ie. charter schools — yields improved results.

Meanwhile, the Department of Education has also approved four more cyber charters to open in the fall, despite many lingering questions over their efficacy and recent scandals/closures.

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Here at The Naked City, you'll find breaking news, analysis, gossip and surprises about everything from crime and politics to the beating pulse of city life itself. We're good listeners, too:

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