Complex charter school saga in Fulton becomes more complicated with loan default | Get Schooled

Complex charter school saga in Fulton becomes more complicated with loan default | Get Schooled:

Complex charter school saga in Fulton becomes more complicated with loan default

by Maureen Downey

The complexities around the non-renewal of the charter for the Fulton Science Academy Middle School in Alpharetta just grew even more complicated with this report that the school and its sister schools are now in default on a nearly $19 million construction loan.
From AJC. com:

Fulton Science Academy Middle School and its two sister schools have been declared in default on an $18.9 million construction loan for failing to disclose last fall that the academy’s public school charter was in trouble, documents obtained Wednesday show.

In a default notice dated May 15, an official with Wells Fargo Bank said the three schools 

CHARTER SCHOOL SCANDALS WEBSITE

CHARTER SCHOOL SCANDALS

A compilation of news articles about charter schools which have been charged with, or are highly suspected of, tampering with admissions, grades, attendance and testing; misuse of funds and embezzlement; engaging in nepotism and conflicts of interest; engaging in complicated and shady real estate deals; and/or have been engaging in other questionable, unethical, borderline-legal, or illegal activities. This is also a record of charter school instability and other unsavory tidbits.

Couldn't Find Your Own Special Charter School Scandal

Just Type the name of your city or charter school in the box below

CHARTER SCHOOL SCANDALS

If you don't find yours today

Keep checking

CHARTER SCHOOL SCANDALS

Be sure to check out two other Great blogs:

-THE BROAD REPORT (as in Eli) -THE PERIMETER PRIMATE