Currently, the BEP only allocated ~15% of its funding for high-need students.
According to EdBuild, 40 states use a student-based funding formula, which is recommended by the organization as a best practice.
A study from Dr. Marguerite Roza and the Georgetown University Edunomics Lab finds that districts adopt student-weighted funding formulas to increase equity (89%), flexibility (79%), and transparency (49%). However, they note that each student-based funding formula is tailored to the local context, so it is difficult to compare a formula’s impact to other contexts.
Chamber et al. (2010) found that “for particular schooling levels, per-pupil spending became more responsive to student poverty and that the increase in responsiveness appears to have coincided with implementation of the WSF in the two districts.”
Honig and Rainey (2012) found evidence to suggest that student-weighted funding can improve student attendance and graduation.
Bryk et al. (2010) found that student-weighted funding enabled some schools to improve their performance when paired with other evidenced-based school improvement strategies.