State Education Aid / Funding Formula

The state of Rhode Island provides direct financial support to public schools and public school students through state aid.

Currently, state aid consists of:

formula aid distributed to LEAs, including school districts and charter schools;
categorical funding outside of the distributed aid; and
funds distributed to districts once a year for specific purposes, e.g., a per pupil amount to each school district for each group home bed licensed in the district, reimbursements for providing textbooks to non-public schools and a partial subsidy for school breakfast meals served.

FY 2021 AID

* Realignment of aid payments to affected local education agencies shall occur in the following fiscal year in accordance with RIGL 16-7-20(e).

The School Housing Aid program, located in the Statewide Efficiencies Office, reimburses school districts and charter schools for construction and renovation costs for school buildings.
The Statewide Efficiencies Office is also the home of the School Construction, Transportation, Nutrition, Uniform Chart of Accounts (UCOA) and E-Rate programs.

In addition to aid paid directly to school districts and charter schools, the State pays for a portion of the “employer” portion for both the defined benefit and the defined contribution teachers’ retirement plans.
The defined benefit plan is administered by the Employees Retirement System of Rhode Island (ERSRI).
The defined contribution plan is administered by TIAA. More information can be found at the Rhode to Retirement web site.

	Mark Dunham Director
	401-222-4647

Mark Dunham
Director

401-222-4647