Education Funding Formula

An Education Funding Formula is a method used by governments to allocate financial resources to public schools. This formula considers various factors such as the number of students, their specific needs (like disabilities or language barriers), and the cost of living in different areas. The goal is to ensure that all students receive a fair share of funding, which supports equitable access to quality education. By using this formula, authorities aim to address disparities and provide adequate resources to schools, ensuring that every student has the opportunity to succeed regardless of their background or location.