Believe it or not, the most expensive place to educate a child in Indiana is not in the Indianapolis Public School District or Ft. Wayne, it’s the Hammond Academy of Math & Science Technology. According to 2011 state data, Hammond Academy spends nearly $35,000 per student.
In all of calendar year 2011, Indiana’s publicly funded schools received more than $12 billion in state, local and federal taxes. Divide than up between nearly one million kids in K-12 classrooms and the average cost per student is slightly more than $12,000 each.
In 2011, schools (both traditional public and charter) received $6.5 billion in state money, nearly $4.2 billion in local revenue and $1.3 billion in state assistance.
There 358 public and charter school corporations in the state.
The school corporations with the highest expenditures per student were…
- Hammond Academy of Science and Technology – $34,915.
- Hope Academy – $18,735.
- DeKalb County Eastern School Community District – $21,720.
- Muncie Community Schools – $17,761.
- School City of East Chicago – $17,423.
- Indianapolis Public Schools – $17,052.
- Hamilton Community Schools – $17,040.
The school corporations with the lowest expenditures per student were…
- Geist Montessori Academy – $6,828.
- Stonegate Early Clg HS for Sci/Tech – $6,815.
- Renaissance Academy Charter School – $7,099.
- Rock Creek Community Academy – $7,110.
- Beacon Academy - $7,696
- Signature School – $7,336
- Cass Township Schools – $5,884*
*In 2011, Cass Township Schools merged with Dewey Prairie Consolidated Schools to form the new Tri-Towship Consolidated School District.
A complete list of publicly funded school revenue and expenditures is below.