Low-Stakes Completion-Based Funding: A New Approach to Financing Competency-Based Education

Florida SouthWestern State College

While many states do not view online charter schools as an area for innovation within existing charter school regulations, New Hampshire has leapt into uncharted state policy and experimented with new pathways towards increasing student success by developing a unique funding system called “low-stakes completion-based funding”. This report looks to explore this model and inform state and school leaders of new possibilities for financing student learning in their virtual school sectors. 

New Hampshire has developed a unique approach to performance-based budgeting—called completion-based funding (CBF) —that seeks to improve student outcomes by funding schools when students complete assignments rather than when they enroll in or attend classes.