The future of a charter school authorized by Ball State University is in question as the State Board of Education considers whether to close it. Hoosier Academy- Indianapolis Virtual School has gotten an F from the state for five years running. Ball State, as the authorizer, receives 3% of the school’s annual state tuition support, which amounts to more than $400,000. Under state statute, the state board monitors charter school authorizers by holding a hearing for any charter school that receives an F for four years in a row.
