How many separate formulas are established for Title I funding distribution?

The correct answer is that there are four separate formulas established for Title I funding distribution. These formulas are designed to allocate federal funds to schools and districts that serve low-income students, ensuring that resources are provided to schools most in need of support.

The four formulas generally include:

1. Basic Grants: This formula provides funding based on the number of low-income children in a district or school.
2. Concentration Grants: These grants target districts with a high concentration of low-income students to provide additional support.
3. Targeted Grants: This formula is designed for schools with a more specific focus on targeting assistance to those with the greatest educational needs based on the number of eligible low-income children.
4. Education Finance Incentive Grants: This formula allocates funding based on both population and measures of states' commitment to public education.

Understanding these formulas is crucial for school financial leadership as they dictate how funds can be accessed and utilized, ultimately impacting student services and support.