Instead of Londonderry, new charter school settles on Manchester location
The school initially targeted Londonderry, but couldn't find a suitable site. It identified a building at 5 Perimeter Road that The Founders Academy Foundation, which wrote the school's charter, is buying for $1.5 million, he said.
"If I have 101 applications, I have to have a lottery, but 100 will get in," he said.
At close to 60,000 square feet, the Manchester location will accommodate up to 650 students, which is the cap for the school's charter. The school hopes to grow by 100 students a year.
There were 2,097 students enrolled in public charter schools as of last October.
Charter schools receive state adequacy funds to help run their schools: $3,749.15 per kindergartner and $5,490.80 per student in grades one through 12.
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