Now we discover that the National Alliance for Public Charter Schools is telling charters to apply for the Small Business Administration Loans in the $2 trillion CARES Act that passed last month. Why is this significant? Because the NAPCS thinks that charters could qualify for the money -- money that is not allowed to be accessed by governmental entities. It is only for "non-governmental" entities.
Public schools cannot qualify for this money.
So if charters qualify for these low to no-interest SBA loans -- like a restuarant can -- then they are definitely NOT public schools.
Yet that would not keep charters from trying to also qualify for some of the $13.7 billion K-12 stimulus money included in the CARES Act, and additional federal stimulus money that will surely be included in further stimulus bills.
Once again, charter schools are gaming their squishy governmental structure. They want to access all the money available to them based on whichever form of governance benefits them -- whether that's as a non-governmental or governmental entity.
It would be outrageous if charters would be able to access SBA loans and additional stimulus for all schools. No other public school could do this.
And if they get SBA loans, that should be credited toward their other stimlus payments.