Purpose of the Equalization Formula: Funding for schools can be a confusing concept to grasp as it looks different throughout the state. There are many different components that can impact the cost of educating a single student in the United States. A community’s industry, home property, resources at the particular school are various factors in determining the cost of a child’s education (Guthrie, Hart, Ray, Candoli, and Hack, 2011). In order to provide a sense of equalization throughout the country, the BEP Equalization Formula was developed. “The BEP has three major categories (instruction, classroom, and non-classroom), each made up of separate components related to the basic needs of students, teachers, and administrators within a
