NC Education Code · NC Policy Manual
NC 1506-1.10 Risk Pool
Plain English summary
This regulation establishes a reserve fund (Risk Pool) for LEAs serving high-needs students with disabilities, funded through IDEA 611 state set-aside funds. LEAs must meet specific eligibility criteria and submit an approved budget application to access funds, with priority given to students needing nursing, personal care, and assistive technology. Applications are due annually by May 15th.
Key requirements
- A reserve has been established for LEAs with 'high needs' students with disabilities from state set-aside funds from IDEA 611 grant funds.
- The costs of the educational services must impact the resources of the LEA serving the student.
- The allocation is based on an approved budget submitted by the LEA.
- Financial impact on the LEA.
- Ranking on Poverty Index, number of children over the 12.5% cap, and receipt of local funding.
- Number of 'high needs' students with disabilities currently being served.
- Ensure that the cost of the student is three times the average per pupil expenditure.
- State Exceptional Children, IDEA, Title VI, Part B, and Average Daily Membership (ADM) allocation must be documented on the Risk Pool application for the student submitted for funding.
- Additional special education and related services needed for each student.
- Applications may be submitted annually if the level of needs persist.
- Priority is given to those students needing nursing, personal care, and assistive technology.
- May 15th of each year is the deadline for submission.
Affected parties
- Local Education Agencies (LEAs)
- Students with disabilities classified as high needs
- Special education administrators
- Students requiring nursing services
- Students requiring personal care services
- Students requiring assistive technology