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crossroads_charter_academy_contract_with_grand_val.pdf

Charter contract issued to Crossroads Charter Academy by GVSU

3% of state school aid payments received by the AcademyCrossroads Charter AcademyGRAND VALLEY STATE UNIVERSITY BOARD OF TRUSTEESJuly 1, 2025

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WithersRavenel logo
Derivita logo
Comcate logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Veritone logo
TerraCycle logo
Cyvl logo
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Description

Grand Valley State University Board of Trustees approved a charter contract with Crossroads Charter Academy, effective July 1, 2025. The contract sets an administrative fee at 3% of state aid payments for oversight and fiscal agent services. The arrangement spans a five-year term.

Contract Details

Contract Amount

3% of state school aid payments received by the Academy

Vendor

GRAND VALLEY STATE UNIVERSITY BOARD OF TRUSTEES

Agency

Crossroads Charter Academy, MI

Contract Type

OTHER

Document Date

July 1, 2025

Contract Term

July 1, 2025 – June 30, 2030

Renewal Date

2030-06-30

Renewal Info

The contract runs for five years. Renewal procedures and standards are outlined in Section 2.10 and will be provided by the University Board prior to the contract's term expiration. Renewal is at the sole discretion of the University Board.

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