Any virtual applicant group that receives a charter from the SBE will receive a charterterm no longer than three years for the initial charter, no virtual charter will receive arenewal charter term longer than five years.8.
The virtual charter school shall have an actual, physical location within the geographicboundaries of the state of North Carolina.9.
Should a virtual applicant receive final approval from the SBE, the charter agreement willbe tailored to virtual charter schools with the inclusion of additional standards related tooverall performance. Failure to meet any of these standards may result in the revocationand/or nonrenewal of the charter:a)
The virtual charter school must test at least 95%
of its students during anyacademic year for purposes
of the State’s accountability system.
The virtual charter school’s graduati
on rate must be no less than 10% below theoverall state average for any two out of three consecutive years.c)
The virtual charter school cannot have a student withdrawal rate any higher than15% for any two out of three consecutive years. This rate will be calculated bycomparing the first and ninth month
Principal’s Monthly Report
The virtual char
ter school’s student
-to-teacher ratio cannot exceed 50 to 1 perclass. This calculation excludes academic coaches, learning partners, parents, orother non-teachers of record.10.
The virtual charter school will be funded as follows: the proposed virtual charter schoolshall receive the same rate as a full-year course in the NC Virtual Public School for eightcourses per student. The virtual charter school will not receive local funds. Federalfunding for which the virtual charter schools are eligible can be received provided thecharter school completes the appropriate documentation.11.
The virtual charter school must offer “regular educational opportunities” to its students
through meetings with teachers, educational field trips, virtual field trips attendedsynchronously, virtual conferencing sessions, or asynchronous offline work assigned bythe teacher of record.12.
The virtual charter school shall comply with all statutory requirements and SBE policiesthat apply to charter schools unless specifically excluded herein.The requirements for a virtual charter school are embodied in the application (attached with thispolicy); and both become effective the date of this policy.
1212_LFI 4 _Attach2