Because the
maximum value of the voucher ($ 6,442) is substantially less than what the government pays to educate students in MPS, the state saves over $ 50 million per year from the operation of the program.
It was wonderful to have a legitimate excuse to browse the racks, but of course I did spend much more than
the value of the voucher.
The prohibition against schools charging more than
the value of the voucher is intended to ensure that low - income students are not turned away due to inability to pay.
For example, voucher - accepting schools in Louisiana may not set their own admissions criteria, can not charge families more than
the value of the voucher (a meager $ 5,311 on average in 2012), and must administer the state test.
Parents have a strong incentive to maximize the educational value that their children receive from the voucher, but since a traditional voucher must be spent in a lump sum, there is no incentive to economize below
the value of the voucher.
Schools are forbidden to charge families any tuition beyond
the value of the voucher, and they must administer the state test to voucher students.
Florida increased
the value of each voucher by roughly US$ 2,000.
To be eligible for voucher students, private schools had to agree not to set admission requirements or charge tuition above the (relatively meager)
value of the voucher, and to administer the state's standardized tests.
And he suggested a sliding - scale for
the value of the voucher, so the poorer the family, the greater the amount.
This number can be expected to increase annually as
the value of the vouchers increases.
The value of a voucher to a real parent would then be reduced considerably — to about $ 150 in California.
Choose
the value of vouchers you would like to exchange and click «add to basket».
Members can not accrue Skywards Miles on
the value of a voucher or any additional payments made towards the voucher.
HUD determines
the value of the vouchers — worth enough to rent at least 40 percent of rentals in a given market — by its Fair Market Rent index (FMR).