Page 8 - Learning Fund News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The OSBI in 2019 court records accused Epic of illegally inflating student enrollment counts with children who received little to no education from the virtual charter school. Investigators alleged Chaney and Harris pocketed millions of taxpayer dollars after funneling school funds to Epic Youth Services. Epic, Chaney and Harris have denied any illegal activity. No one has been charged with any crimes in the investigation. The grand jury has been hearing testimony and reviewing evidence on Epic since December. Grand jurors specifically stated they are investigating "whether public funds ...

By: Barry Mangold Oklahoma state regulators overseeing Epic One-on-One Charter School voted on Monday to approve a settlement agreement with the district and to cancel an upcoming termination hearing.  The vote ends a roughly seven-month-long saga between the district and its authorizer, the Statewide Virtual Charter School Board. The board threatened Epic with termination after a blistering report by the Oklahoma State Auditor & Inspector in October.  “Today’s vote moves us forward,” said SVCSB Chairman Dr. Robert Franklin after the vote to approve the settlement agreement. “It’s...

Oklahoman A final settlement has been approved between Epic Charter Schools and its state oversight agency, closing a "turbulent" period for Oklahoma's largest school system. The Community Strategies Inc. Board, the school board governing Epic, agreed Wednesday night to a settlement proposed the day before by the Oklahoma Statewide Virtual Charter School Board. The statewide board must vote once more to finalize the agreement. The settlement would conclude termination proceedings that threatened possible closure of Epic One-on-One, an online learning platform that makes up 60% of Epic'...

By: Cal Day The Oklahoma State Virtual Charter School Board will meet on Tuesday to discuss a potential settlement with Epic Charter Schools. In the proposed agreement, Epic would make purchasing records of the controversial Learning Fund public. Just last week, the Epic Charter School Board spent close to seven hours discussing the settlement and changes it is going to make in the future in order to run by state standards. The fund is maintained by Epic Youth Services, a private company that manages Epic Charter Schools. According to an October state audit, the Learning Fund received nearly ...

Oklahoman After a year of legal battles and attempted audits, Epic Charter Schools’ controversial Learning Fund will become public record.  However, Learning Fund records from previous years won't be included in the change.  The Learning Fund is a bank account that pays $800 to $1,000 for every Epic student for extracurricular activities, education technology and additional curricula. It accrued $79.3 million from 2014-2020.  State investigators have said the Learning Fund is a hotbed of potential embezzlement and misuse of taxpayer dollars. Epic refutes these alleg...