Secondary school students who do not have daily access to a school of the appropriate grade level and are being transported a reasonable distance are eligible for the program. The students qualify for state assistance under 4 AAC 09.050.
An indirect cost rate is a means of determining in a reasonable manner the percentage of allowable general administrative expense that each federal grant should bear. School districts are not required to submit an indirect rate proposal; however, if they do not, they will not be allowed to recover any indirect costs for the administration of federal grants. School districts are responsible for submitting their proposals annually to the Department of Education & Early Development.
School districts with approved residential schools for students grades nine through 12 may be reimbursed a per pupil monthly stipend to assist with the costs of operating the residential school under AS 14.16.200. To be eligible for reimbursement for costs, a residential school must provide a suitable student dormitory, food service, and daily access to a public school offering the appropriate grade level.
School Construction Debt Program
The School Construction Debt Program allows incorporated cities, boroughs and municipalities to take advantage of AS 14.11.100 state aid for cost of school construction debt, and receive a reimbursed percentage of approved bond principal and interest payments. In 2015 the legislature placed a moratorium on new projects participating in the program until July 1, 2020.
- Boarding Home
- October 15: Budget
- Quarterly: Reimbursement Reports
- Indirect Rate
- December 31: Indirect Cost Rate Application #05-02-007
- May 1 – June 30: Open period of application
- June 30: Year-end Report
- December 1: Request for Reimbursement Report
- School Construction Debt
- October 15: Annual Report #05-08-015