Education is part of the most important endeavours that every state seeks to stabilize. Success and prosperity of education system call for improved economic and social growth of a country or a state. In this aspect, education should be promoted through all means since it leads to quick growth and establishment of a country for example it is thorough education that technology advancement and new innovations are achieved.

Funding is one of the most important ways put in place to facilitate growth and prosperity of education in the US.Currently, the system of funding public education in the US has drawn a lot of concern especially in the wake of higher demand for acquiring education. Funding of education has been all along facilitated by the government, through awarding money to education department (ED). This department later disburse the funds to the states schools, district schools through certain formulas. This means that unequal amount of funds are distributed among the schools depending on the nature of the school.In addition, funding for education in colleges as well as other public institutions that are post secondary is also being facilitated by the US education department.

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This funding of education in the schools have really improved the quality of education in the schools since the schools are now in operation of acquiring the relevant and up to date learning materials such as textbooks. Funding of education is also improving and encouraging research within the institutions, something that has contributed a lot to the invention of new things and has promoted the practical part of education.Students have developed innovative and imaginative minds as well as adapting diversity in their thinking. The current system of funding education in the state and local schools in the US is also based on the ‘No child left behind act’. This is an act that grants the department of education an ability to avoid funding to any local as well as state schools that does not complies does not make any efforts to comply. This issue is very delicate and to some extend muddy. It then shows that those that discriminate admission of some students does.

Not receive any funds to back up their education. This can harbour a lot of inequalities in the performance of the schools since those schools that receive funds can stand a better chance of improving in their education. A number of states in the US have implemented policies on educational funding in order to enhance high quality education and high standards in academic achievement.

This is mostly helpful to schools that admit large numbers of students who are ranked as low-income.This educational funding aims at improving and increasing resources in local district schools in the US states. Most states in the US are distribution education funds curbing on poverty. They have established state poverty-based educational funding programs that are aimed at funding district schools that mostly provide education to the poor children. Some of the states are using the state funds to fund education while other states fund education through establishing ‘categorical’ grants to assist the children who are poor.These states in the US are also using federal programs in order to come up with an estimate of the numbers of the poor children in the district schools. The number of the poor students in the schools determines the amount of funds that a particular school gets.

The states in the US through state education have made policies on funding education system in the district schools whereby they use a system which ensures that they keep tracking the progress of every student academically as well as assuring the administrator’s and the teachers’ performance based on the achievement of the student.The US states uses different funding formulas that they have adopted to help the school districts in order to continue providing education to the low-income students. For instance, some states use poverty data that has been collected by the census bureau in the US to determine the number of the poor children in particular schools and this enable them to know how to distribute funds to these schools (Nathan, 1998). Other states opt for using data gathered from the federal free as well as reduced-price lunch program in order to determine the number of poor children in different schools.This still gives them information on how to disburse their funds to these schools.

Funding of education in the localities is mainly done through summarised educational bodies. Funding of education in the localities is also aimed at improving the academic standards and enabling the poor students to be able to reach the accepted standards This current system of funding public education in the US has had some inequities. For instance, more concern has been drawn to the district schools, side lining the other schools that may also have low-income students.This has caused a lot of high school drop-out by these students, who otherwise could have continued with their education if they were in district schools. Additionally, this current system of funding public education has also brought about inequality in the status of the schools.

There is a very great, observed difference between those schools district schools that serve more low-income students and those who serve less low-income students. This is clear from the facet that the schools with more low-income student enjoy higher fund as compared to those with lower number of low-income studentsThis current system of public education should be changed for it caused inequities among schools. Other methods should be adapted and put into practice. These methods are for instance, using merit grounds to release funds. This can be applied by funding those district schools that perform better as those students who show high quality performance in their academic.

In this way, proper management of the funds will be ensured since output is evident. This is opposed to the scenario where funds are given to all the low-income students.Whereby same of the students cannot perform well and later drop out of school leading to waste of the funds.

The method of first assessing the management of the school before releasing funds should be provided. Some district schools are poorly managed and if funded so as to improve education status, the funds are instead misused. Other countries also fund their education systems as to enable more children be able to access education and also to improve the standards of their education (Dryfoos, 1998).They have been able to achieve this through use of samples whereby they quantitatively count the number of low-income students and extend this to cover the whole population of all the low-income students. They fund these schools from the results that they gather from the sample population which may be based on family background, the goals that the student have in his life and how ready the student is to stand the academic challenges. They have also established their educational bodies that are aimed at funding education for example Higher Education and Research Opportunities in the UK.

The educational bodies have a direct source of funding from their governments during every budget year of the country. These funds are awarded by the government to the bodies and that they are resourced from taxation and other revenues. Private schools don’t get funds for education from the government but their source of funding originates from Non-governmental organisations, private sectors or even from individuals (Farnham, 1994).

Conclusion Funding of public education is a very important practice that should be exercised worldwide.It helps in achieving quality and standard education by facilitating carrying out of research. Moreover, it enables all the students including those who have low-income be able to access education, something that contributes to fast growth and success of a state. However, proper methods of funding public education should be established so as to avoid waste of funds but instead use funds to uplift students who are willing to learn but are incapable of paying for their education.