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Lumpsum.
Every school gets a fixed amount per student. The school uses this money to pay staff, materials, and maintenance of the school building. The full amount is paid once a year to the school governing body. This amount is called the lumpsum. The school then decides how to divide the money.
The lumpsum
Lumpsum financing means the school gets one amount, the lumpsum, to pay for all costs including staff and school materials. Cleaning the school and maintaining the school building must also be paid from this lumpsum.
School policy freedom
The lumpsum is linked to the ministry of education culture and science’s goal to give schools fewer rules and more policy freedom. Another goal is to improve education quality. This becomes possible because schools get more room to match their education to their own school, neighborhood, or city. For example, the school can decide to replace a method earlier than planned or postpone a paint job by a year.
The school management must still give account for the choices made to bodies like the education inspection.
Payment at governing body level
The amounts are calculated per school but paid out at the governing body level. From there, the money is divided among schools based on the criteria set by the governing body.
Other income
Besides the lumpsum, schools also get money in other ways. This can be through the voluntary parent contribution, for fun extra activities like sports days, school trips, excursions, and Sinterklaas and Christmas celebrations. Schools can also receive sponsorship money and interest from their own funds. Crowdfunding is also an option.
Related Subjects
Sponsoring of schools
A school can receive extra money through sponsoring. A company or institution then gives goods, services or money to the school in exchange for advertising.
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