When a Charter Agreement is due to expire, schools have an opportunity to request an extension to their agreement by submitting a letter stating their Intent to Renew. These letters should be submitted to the Managing Director of Education One by October 1 prior to the last year of the school’s contract.
Upon receipt of an Intent to Renew letter, the Managing Director for Education One will make a recommendation to the Education One Board of Directors, stating if a charter should be renewed or allowed to expire; the Education One Board of Directors will then vote to determine the status of the charter. At this time, the Board may also choose to issue a short-term charter, which would expire in three years or less; in this scenario, the renewal process would begin at the conclusion of the specific charter issued by Education One instead of at the end of the standard charter term.
Four primary criteria are used to evaluate each school’s performance and determine if its Charter Agreement should be renewed: 1)the effectiveness of its academic programs, 2)the health of its finances, 3)the effectiveness of the school’s board, and 4) the overall ability of the school to prepare students for college and career success. The renewal process is used as a way to update Charter Agreements in response to changing circumstances and to ensure the long-term viability of the school’s methods.
The school must submit a completed Intent to Renew form to Education One. This document should submitted by the head of the school’s Board of Directors
The Managing Director of Education One will notify the school of all the materials needed to effectively evaluate the school during the renewal process, including guidance related to document submission
The Managing Director of Education One prepares a report regarding the school’s overall performance in each of the evaluative areas, and the school confirms the accuracy of the data presented in the report
The Managing Director makes a recommendation to the Education One Board of Directors, stating that the school’s charter should be renewed or allowed to expire
The Education One Board of Directors votes to either renew the Charter Agreement or to allow it to expire