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Lumpsum.
Every school gets a fixed amount per student. The school pays staff, materials, and maintenance of the school building with this. Once a year, this amount is paid in full 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 also must be paid from the lumpsum.
Schools’ policy freedom
Lumpsum is linked to the Ministry of Education Culture and Science’s goal to give schools fewer rules and more policy freedom. The lumpsum also aims to improve the quality of education. Schools can better match their teaching to the situation in their own school, neighborhood, or city. For example, the school can decide to replace a method earlier than planned or delay a painting job by a year.
The school management still must report on their choices to organizations like the Education Inspectorate.
Payment at governing body level
The payments are calculated per school but handed out at the governing body level. From there, the money is divided among the 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, Sinterklaas and Christmas celebrations. A school can also get sponsorship money and interest from its 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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