Funding to support the transfer program is received from the State of Missouri through its public aid sources. State aid follows the student from their district of residence to the Voluntary Interdistrict Choice Corporation (VICC). VICC then reimburses Rockwood for the student's tuition - with the current reimbursement maximum allowed at $7,200. Rockwood carefully reviews its cost structure, enrollment numbers and staffing levels to ensure that reimbursement payments are sufficient to cover the costs of participating in the VICC program.
During the school year, Rockwood will receive about 6.2 percent of its operating revenue from the VICC program. Rockwood carefully monitors its cost structure, enrollment numbers, and staffing levels to ensure that reimbursement payments are sufficient to cover the incremental cost of participating in the program.