Message from Cristo Rey Leadership

jlf_1815-copyThis week the country celebrates National School Choice Week with the goal of “shining a spotlight on effective education options for every child” (National School Choice Week, 2017).  School choice funding substantially supports expanded educational options, especially faith-based options, for students and families. The Cristo Rey Network appreciates the meaningful financial support that school choice funding provides nearly a third of our schools. In school year 2015-2016, for example, nine Cristo Rey schools received $9.89 million in total revenue from school choice programs. San Miguel High School in Tucson, Arizona obtained $2.26 million from the state’s voucher and education tax credit programs, and the three Cristo Rey Network schools in Ohio collectively received $3.68 million from state funded private school vouchers. School growth planning recognizes the value of that additional revenue stream to the financial strength of future schools. While the revenue that our schools receive from our innovative Corporate Work Study Program is unquestionably the lynchpin of our overall financial sustainability, and while the Cristo Rey Network has demonstrated great success at both the local and national levels in attracting and sustaining generous philanthropic support, funding through more and expanded choice programs is a welcome supplement that could figure prominently in our ability to serve more students in more locales. 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s