| Metrics | # |
| Charter Law | |
| State Has Charter Law | Yes |
| Year of Charter School Law | 1992 |
| Charter Cap | |
| State-Imposed Cap on Charter Schools | Yes |
| Description of Cap | 1250 charters with an increase of 100 additional charters annually |
| Charter Funding | |
| State Provides Funding for Charter Schools | Yes |
| Description of Funding | A charter schools revolving loan fund allows charter schools to receive loans for as much as $250,000, allowing up to five years for repayment; The charter schools facilities program authorizes the State Allocation Board to provide per pupil facilities grant funding for 50% of the total project cost for new construction of charter school facilities; A lease aid funding program for charter schools in low-income areas provides up to $750 per student |