1. dailynews

Online school must repay $2.8 million to Colorado

Aug. 28, 2007
Audit by state uncovered shoddy accounting.

An online school must repay the state of Colorado $2.8 million for shoddy accounting and collecting taxpayer money for students who were attending private religious schools. In addition, the Vilas (Colo.) district, which chartered Hope Co-Op Online Learning Academy, must reimburse the state $470,000. A state audit of cyberschools in December criticized Hope Online, and the Colorado Department of Education followed up with its own probe, finding that Hope and Vilas were overpaid $3.7 million by the state based on student counts and transportation.

Click here to read The Denver Post article.

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