Oregon Law
Law as of Jan 1, 2026
Chapter contents
327.001Fund for Student Success; transfers 327.005[Repealed by 1957 c.612 §1 (327.006 enacted in lieu of 327.005)] 327.006Definitions for State School Fund distributions 327.008State School Fund; State School Fund grants 327.009[2011 c.705 §34; repealed by 2013 c.577 §5] 327.010[Amended by 1957 c.626 §2; 1963 c.570 §1; 1965 c.100 §15; 1979 c.277 §2; repealed by 1991 c.780 §30] 327.011Description of Local Revenues for purpose of State School Fund distributions 327.012[Repealed by 1957 c.626 §1] 327.013State School Fund distribution computations for school districts 327.014[1953 c.547 §1; 1957 c.626 §3; 1957 s.s. c.2 §1; 1961 c.622 §1; 1963 c.570 §1a; 1965 c.100 §16; 1965 c.528 §1; 1969 c.625 §1; repealed by 1971 c.22 §4] 327.015[Repealed by 1957 c.612 §18] 327.016Report related to State School Fund moneys received for English language learner programs; summary to legislative committees 327.017[1993 c.61 §13; repealed by 1995 c.649 §10] 327.018[1957 c.612 §7 (enacted in lieu of 327.085); 1959 c.388 §2; 1965 c.100 §19; renumbered 327.059] 327.019State School Fund distribution computations for education service districts 327.020[Repealed by 1957 c.612 §8 (327.024 enacted in lieu of 327.020)] 327.021Percentages and time of payment of apportionments to education service districts 327.022Pediatric Nursing Facility Account 327.023Grants for special and compensatory education programs 327.024[1957 c.612 §9 (enacted in lieu of 327.020); 1959 c.388 §3; 1965 c.100 §20; renumbered 327.063] 327.025[Repealed by 1957 c.612 §3 (327.028 enacted in lieu of 327.025)] 327.026Computation of State School Fund allocations for Youth Corrections Education Program and Juvenile Detention Education Program; rules 327.028[1957 c.612 §4 (enacted in lieu of 327.025); 1957 c.708 §5; 1959 c.388 §4; 1965 c.100 §22; renumbered 327.075] 327.029Allocations for approved recovery schools; rules 327.030[Repealed by 1957 c.612 §18] 327.032[Formerly 327.070; 1965 c.100 §28; renumbered 327.103] 327.033Approved transportation costs; expenditure limitations; rules 327.035[Amended by 1953 c.108 §3; 1957 c.612 §10; 1959 c.388 §5; 1963 c.142 §2; 1965 c.100 §17; 1965 c.323 §1; 1971 c.107 §1; repealed by 1991 c.780 §30] 327.038[1957 s.s. c.2 §3; repealed by 1959 c.388 §15] 327.040[Repealed by 1957 c.612 §18] 327.042[1957 c.708 §§2,3; 1959 c.388 §6; 1963 c.570 §1d; 1965 c.100 §18; 1969 c.625 §2; 1971 c.21 §1; 1971 c.107 §2; 1973 c.750 §4; 1977 c.840 §2; repealed by 1991 c.780 §30] 327.043When district required to provide transportation; supplemental plans and waivers 327.045[Repealed by 1957 c.626 §1] 327.046[1961 c.502 §10; repealed by 1963 c.570 §33] 327.047[1997 c.821 §9; repealed by 2003 c.715 §41] 327.048[1961 c.502 §6; repealed by 1963 c.570 §33] 327.049[1985 c.555 §9; repealed by 1991 c.780 §30] 327.050[Amended by 1957 c.612 §11; repealed by 1963 c.570 §33] 327.051[1997 c.821 §8; repealed by 2003 c.715 §41] 327.052[1961 c.408 §1; repealed by 1963 c.570 §33] 327.053[1965 c.100 §18a; 1973 c.750 §5; 1977 c.840 §3; 1981 c.899 §1; 1985 c.555 §10; 1989 c.216 §2; repealed by 1991 c.780 §30] 327.055[Repealed by 1963 c.570 §33] 327.056[1977 c.840 §4; repealed by 1989 c.216 §1] 327.057[1957 c.556 §11; repealed by 1963 c.570 §33] 327.058[1959 c.528 §§4,11; 1961 c.500 §1; repealed by 1963 c.570 §33] 327.059[Formerly 327.018; 1969 c.625 §3; 1971 c.21 §2; 1973 c.750 §6; 1977 c.840 §5; 1981 c.899 §2; repealed by 1991 c.780 §30] 327.060[Amended by 1955 c.766 §1; repealed by 1963 c.570 §33] 327.061Computation of number of students in average daily membership 327.062[1955 c.103 §2; repealed by 1963 c.570 §33] 327.063[Formerly 327.024; 1969 c.270 §1; 1969 c.625 §4; 1971 c.107 §3; 1973 c.750 §7; 1977 c.840 §6; 1979 c.259 §2; 1981 c.804 §96; repealed by 1991 c.780 §30] 327.065[Amended by 1953 c.444 §11; 1953 c.711 §4; 1955 c.766 §2; 1957 c.328 §1; 1959 c.397 §1; 1961 c.537 §1; repealed by 1963 c.570 §33] 327.067[1957 c.219 §3; 1961 c.537 §2; repealed by 1963 c.570 §33] 327.068[1957 c.642 §§4,7; 1959 c.388 §7; repealed by 1963 c.570 §33] 327.069[1957 c.620 §1; 1959 c.388 §8; 1961 c.625 §1; part renumbered 330.630; repealed by 1963 c.570 §33] 327.070[Amended by 1957 c.658 §3; renumbered 327.032] 327.071[1977 c.840 §7a; repealed by 1983 c.610 §8] 327.072[Amended by 1957 c.612 §12; 1963 c.570 §4; 1965 c.100 §21; 1969 c.625 §5; 1973 c.750 §8; repealed by 1991 c.780 §30] 327.074[Amended by 1965 c.100 §26; renumbered 327.097] 327.075[Formerly 327.028; 1969 c.625 §6; 1977 c.840 §7; 1979 c.277 §7; 1991 c.780 §14; 1993 c.61 §6; repealed by 1993 c.690 §6] 327.076[Repealed by 1965 c.100 §456] 327.077Remote small elementary school and small high school determination; effect; waiver; merger 327.080[Amended by 1957 c.612 §13; 1963 c.570 §5; repealed by 1965 c.100 §456] 327.081[1993 c.61 §14; 1995 c.649 §5; repealed by 2001 c.695 §38] 327.082[1973 c.707 §6; repealed by 2011 c.704 §13] 327.085[Repealed by 1957 c.612 §6 (327.018 enacted in lieu of 327.085)] 327.088Post-graduate scholar programs; use of State School Fund moneys 327.090[Amended by 1959 c.388 §10; 1963 c.570 §6; 1965 c.100 §27; repealed by 1991 c.780 §30] 327.091[1957 c.626 §8; repealed by 1963 c.570 §33] 327.092[1957 c.626 §9; repealed by 1963 c.570 §33] 327.093[1957 c.626 §10; repealed by 1963 c.570 §33] 327.094[Subsections (1) and (2) enacted as 1957 c.626 §13; subsection (3) of 1957 Replacement Part enacted as 1957 s.s. c.2 §4(3); 1959 c.388 §11; 1963 c.570 §7; 1965 c.100 §25; subsection (4) enacted as 1971 c.22 §3; 1989 c.456 §1; repealed by 1991 c.780 §30] 327.095Percentages and time of payment of apportionments to school districts 327.097Apportionment where district changed 327.099Adjustment of distribution within fiscal year 327.100[Repealed by 1963 c.570 §33] 327.101Adjustment of distribution between fiscal years 327.102[2007 c.519 §1; renumbered 327.162 in 2025] 327.103[Formerly 327.032; 1989 c.491 §5; 1991 c.693 §32; 1995 c.660 §47a; 2003 c.390 §§1,3; 2009 c.184 §4; renumbered 327.158 in 2025] 327.105[Repealed by 1963 c.570 §33] 327.106[1991 c.393 §3; 1995 c.659 §2; 1997 c.521 §13; 2011 c.704 §4; renumbered 327.161 in 2025] 327.108[2016 c.109 §2; 2017 c.66 §32; 2017 c.726 §16; renumbered 327.088 in 2025] 327.109Procedure if school district or charter school alleged to be involved in religious activity; complaint, investigation, finding; effect 327.110[Amended by 1955 c.537 §1; repealed by 1957 c.322 §1] 327.115[Amended by 1955 c.385 §1; 1959 c.388 §13; repealed by 1963 c.570 §33] 327.120Correction of errors in apportionments 327.125Superintendent to administer statutes related to state financing of education; board rules 327.127Minimum grant amounts, grant applications and grant reporting requirements for small school districts 327.128Disbursement and expenditures of moneys appropriated or allocated to Department of Education 327.130[Repealed by 1965 c.100 §456] 327.133Reports by districts 327.134Collection of information about district employees by department 327.135[Amended by 1955 c.660 §27; 1957 c.612 §15; repealed by 1963 c.570 §33] 327.137Audit reports filed with department; effect of failure to file or insufficiency of report 327.140[Amended by 1955 c.314 §1; 1957 c.612 §17; repealed by 1963 c.570 §33] 327.141[2011 c.647 §1; renumbered 327.174 in 2025] 327.145[Amended by 1957 c.626 §4; repealed by 1963 c.570 §33] 327.147Increased allocation when union high school district becomes common school district 327.150[Amended by 1955 c.314 §2; repealed by 1963 c.570 §33] 327.152Increased allocation when certain merger occurs 327.155[Repealed by 1955 c.314 §3] 327.157Minimum apportionment to school districts affected or not affected by ORS 327.147 and 327.152 327.158Standard school presumed; effect of finding of deficiency; rules 327.160[Repealed by 1963 c.570 §33] 327.161School districts required to offer kindergarten through grade 12; exceptions 327.162Standard school complaints; process; rules 327.164Definitions for ORS 327.164 to 327.173 327.165Statewide metric targets; targets for similar school districts; performance growth targets; technical assistance; rules 327.167Progress toward meeting performance growth targets; interventions when performance growth targets not met; rules 327.169Intensive coaching program for school districts that do not meet performance growth targets; student success teams 327.171Student Success Teams Account 327.173Reports to the Legislative Assembly 327.174Financial or performance audit initiated by department; contracts for audit; costs 327.175Student Investment Account 327.180Allowed uses of grants from Student Investment Account 327.185Application requirements to receive grants from Student Investment Account; eligible applicants; strategic planning 327.190Approval of applications to receive grants from Student Investment Account 327.195Calculations of grant amounts; distributions of grants; rules 327.200[1957 c.612 §16; 1959 c.388 §14; 1965 c.100 §23; renumbered 327.133] 327.201Financial audits; determinations of moneys not spent in accordance with grant agreement 327.202[1989 c.971 §1; repealed by 1991 c.459 §448] 327.205[Repealed by 1957 c.626 §1] 327.207[1989 c.971 §2; repealed by 1991 c.459 §448] 327.208Technical assistance provided by the Department of Education 327.210[Repealed by 1957 c.626 §1] 327.212[1989 c.971 §3; repealed by 1991 c.459 §448] 327.214[2019 c.122 §17; repealed by 2025 c.406 §23] 327.215[Repealed by 1957 c.626 §1] 327.217[1989 c.971 §4; repealed by 1991 c.459 §448] 327.220[Repealed by 1957 c.626 §1] 327.222[2019 c.122 §18; 2023 c.570 §21; 2025 c.406 §8; renumbered 327.169 in 2025] 327.224[2021 c.350 §12; 2025 c.406 §9; renumbered 327.171 in 2025] 327.225[Repealed by 1957 c.626 §1] 327.230[Repealed by 1957 c.626 §1] 327.235[2019 c.122 §19; 2021 c.350 §3; renumbered 327.173 in 2025] 327.250Statewide Education Initiatives Account 327.254Statewide Education Initiatives Account uses; rules 327.255[Repealed by 1957 c.626 §1] 327.260[Repealed by 1957 c.626 §1] 327.265[Repealed by 1957 c.626 §1] 327.269Early Learning Account 327.270[Repealed by 1957 c.626 §1] 327.274Early Learning Account uses; rules 327.275[Repealed by 1957 c.626 §1] 327.280[Repealed by 1957 c.626 §1] 327.285[Repealed by 1957 c.626 §1] 327.286Juvenile Justice Education Fund 327.288Target funding level for juvenile justice education programs; shortages in amounts available for target funding level; report 327.290Legislative findings relating to student achievement 327.294School Improvement Fund 327.297Grants for activities related to student achievement; rules 327.298Grants for schools that are high poverty and low performing; rules 327.300Definitions for ORS 327.300 to 327.320 327.310Legislative findings 327.320School Facility Improvement Fund 327.330Grants to school districts for construction and maintenance of public school facilities; rules 327.331Allowed student transportation costs; calculation of grants; rules 327.333Policy on provision of grants to school districts 327.336Qualifications; amount 327.339Local Option Equalization Grants Account; grant payments 327.341Grants to provide instructional time during summer in Title I schools; rules 327.342Summer Learning Grant program; uses and requirements of grants; administrative expenses; reports; rules 327.343Summer Learning Grant Program Fund 327.344Statewide English Language Learner Program Account 327.345Grants for training English language learner teachers; qualifications; use; rules 327.348High Cost Disabilities Account; grants; approved costs; rules 327.355[2005 c.803 §4; repealed by 2007 c.846 §18] 327.356Definitions for ORS 327.356 and 327.358 327.357[2005 c.803 §5; repealed by 2007 c.846 §18] 327.358Small school district grants; rules 327.359Small School District Supplement Fund 327.360[2005 c.803 §3; repealed by 2007 c.846 §18] 327.362Grants to public charter schools to increase academic achievement for students who have historically experienced academic disparities or students with disabilities; report; rules 327.365Automated external defibrillator grants; rules 327.367Early warning system; grants; rules 327.372Funding for activities related to science, technology, engineering and mathematics education and to career and technical education; report 327.376[2015 c.763 §3; repealed by 2025 c.386 §3a] 327.380Application for grant from STEM Investment Grant Program; evaluation of application 327.385STEM Investment Grant Account 327.390Grants; advisory committee; role of Oregon State University Extension Service 327.403Definition for ORS 327.405 to 327.480 327.405Common School Fund; composition and use 327.410Apportionment of Distributable Income Account of Common School Fund among counties; distribution to school districts 327.415[Amended by 1963 c.544 §16; 1965 c.100 §33; 1971 c.294 §1; repealed by 2005 c.412 §3] 327.420Basis of apportionment 327.423Determination of school census 327.425Loans and investment of funds; determination of interest rate 327.430Security for loans 327.435Ascertainment of value and title of security 327.440Loan repayment 327.445Custody of securities for loan; collection of interest 327.450Foreclosure of mortgages given to secure loans 327.455Record of purchases by Department of State Lands on foreclosures; resale or lease of land; disposition of proceeds 327.465Cancellation of unpaid taxes after deed to state in liquidation of loan 327.470Cancellation of taxes on land acquired through foreclosure proceedings; right of redemption 327.475When county court may acquire mortgaged lands deeded to state 327.480Use of Common School Fund moneys to comply with judgment canceling fraudulent deed 327.482Appropriation to reimburse fund for earnings failure 327.483[1963 c.570 §32a; repealed by 1965 c.100 §456] 327.484Reimbursement for earnings failure 327.485Education Cash Account; disbursements 327.490Projects contracted to districts and institutions of higher learning 327.495Appropriation of funds received for certain purposes 327.496Summer Learning Program Account; rules 327.497Legislative findings 327.500Establishment; membership; staff 327.502Officers; quorum; meetings 327.505[Repealed by 1965 c.100 §456] 327.506Quality education goals; duties; report 327.510[Repealed by 1965 c.100 §456] 327.511Uniform budget and accounting system 327.515[Repealed by 1965 c.100 §456] 327.520Acceptance and distribution of USDA Foods 327.523[1975 c.87 §1; repealed 1981 c.784 §38] 327.525School Foods Revolving Account 327.527Summer breakfast and lunch program reimbursement; grants; rules 327.530[Repealed by 1965 c.100 §456] 327.531School breakfast and lunch programs; eligibility; insufficient funds; rules 327.535Participation in school breakfast program; accessibility of breakfast; rules 327.537Requirements for providing reimbursable meals; prohibitions and requirements when student owes money 327.540School after-school meal and snack program; grants; rules 327.545Reimbursement amounts for school districts that provide reimbursable meals; rules 327.548Hunger Free Schools Account 327.555[1953 c.273 §2; repealed by 1959 c.654 §3] 327.560[1953 c.273 §3; repealed by 1959 c.654 §3] 327.565[1953 c.273 §4; repealed by 1959 c.654 §3] 327.570[1953 c.273 §5; repealed by 1959 c.654 §3] 327.575[1953 c.273 §6; repealed by 1959 c.654 §3] 327.605[Amended by 1959 c.654 §1; 1961 c.624 §5; repealed by 1965 c.100 §456] 327.610[Repealed by 1965 c.100 §456] 327.615State Treasurer as trustee of funds 327.620Review of accounts affecting federal funds 327.625[Repealed by 1965 c.100 §456] 327.630[Amended by 1961 c.624 §6; repealed by 1965 c.100 §456] 327.635Labor standards required on federally financed school construction 327.640[Repealed by 1965 c.100 §456] 327.645Financing of programs mandated by state and federal programs 327.655[Amended by 1961 c.624 §7; repealed by 1965 c.100 §456] 327.660[1963 c.570 §2; 1965 c.100 §41; 1983 c.740 §100; repealed by 1985 c.388 §3] 327.700Definitions for ORS 327.700 to 327.711 327.705Purpose of ORS 327.700 to 327.711 327.708Legislative findings 327.711Payment of debt service; issuance of bonds; School Capital Construction, Maintenance and Technology Fund 327.715[1997 c.612 §5; repealed by 1999 c.44 §29] 327.718[1997 c.612 §6; repealed by 1999 c.44 §29] 327.721[1997 c.612 §7; repealed by 1999 c.44 §29] 327.724[1997 c.612 §§8,8a; repealed by 1999 c.44 §29] 327.727[1997 c.612 §8c; repealed by 1999 c.44 §29] 327.731Education project grants; use; amount 327.736[1997 c.874 §1; repealed by 1999 c.44 §29] 327.800Goals of strategic investments; requirements; rules 327.810[2013 c.660 §2; 2013 c.660 §6; 2015 c.774 §§18,68,68a; repealed by 2023 c.534 §16] 327.815Guidance and Support for Post-Secondary Aspirations Program; strategic investments for program 327.820Connecting to the World of Work Program; strategic investments for program 327.825Definitions 327.827Early Literacy Success Initiative 327.829Uses of Early Literacy Success School Grants; rules 327.831Eligibility for grants; application requirements; department duties 327.833Grant awards; rules 327.835Reporting requirements; rules 327.837Monitoring by department; department interventions 327.839Birth Through Five Literacy Plan; purposes; grants; reports 327.841Birth Through Five Literacy Fund 327.843Early Literacy Success Community Grant; purposes; grants; rules 327.845Early Literacy Success Community Grant Fund 327.850Short title 327.853Definitions for ORS 327.853 to 327.895 327.856High School Graduation and College and Career Readiness Fund; amounts available to fund 327.859Apportionments to school districts; increases in amounts available to fund 327.862Amounts available to fund to be in addition to other amounts available for kindergarten through grade 12 public education 327.865Portion of funds for career and technical education 327.868Portion of funds for college-level educational opportunities for students in high schools 327.871Portion of funds for dropout-prevention strategies in high schools 327.874Requirements for use of moneys received by school districts 327.877School district qualifications for apportionments 327.880Failure to meet qualifications; retained apportionments 327.883Rules for eligibility requirements, biennial plan guidelines, biennial plan submission deadlines, reporting criteria and audit processes 327.886Retention of moneys for administrative costs of department 327.889Retention of moneys for administrative costs of school districts 327.892Oversight and accountability by department 327.895Financial and program audits by Secretary of State; reports to Legislative Assembly and Governor 327.910Coordination between Department of Education and Oregon FFA Association for agricultural education courses 327.915Grants to manage programs of study in agricultural science and technology 327.990[Amended by 1957 c.626 §5; repealed by 1965 c.100 §456]

Chapter 327 — State Financing of Early Learning and Elementary and Secondary Education

ORS 327.440 Loan repayment

Secured loans authorized by ORS 327.430 shall be repaid in semiannual, quarterly or monthly installments, as may mutually be agreed upon between the borrower and the Department of State Lands, and the installments shall aggregate each year an amount equal to one year’s interest on the original principal of the loan plus an additional two percent of the original principal sum, except as provided in ORS 327.425. Of the installment so paid each year, the amount at the specified interest rate on the principal remaining unpaid shall be credited as interest and the balance credited to reduction of the loan principal. Borrowers from the fund shall have the right to make payments in excess of the amounts of such installments, and the further right at any time to pay off such loans in part or full with interest to payment dates.

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