If $10 billion passes and is distributed equally, Utah would get about $100 million (about one percent, as we have about one percent of the nation's population of school children.) That's about $173 per student, at 575,000 students. So, a 600-student charter school would likely see increased funding of about $100,000
With President Barack Obama's signature on the $26 billion stimulus bill for education and Medicaid on Tuesday, Utah stands to nab about $101 million for education for fiscal 2011.
Though that number is just 1 percent of the $10 billion allocated for education funding nationwide, it could save the jobs of 1,400 to 1,500 teachers in Utah, according to state estimates, and up to 1,800 teachers, according to federal estimates.The Utah State Office of Education would likely distribute the money equally among districts and charter schools by boosting per-student funding approximately $168, said state school Superintendent Larry Shumway.