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Indianapolis, Indiana - 1 schools
At $6,252 per pupil, Paramount Online Academy ranks #390 of 406 Indiana districts by per-pupil spending (Indiana districts). NCES F-33 finance data.
166
Total Enrollment
1
Schools
$6,252
Per-Pupil Spending
Elementary
School Types
District-Level NCES Analysis
Paramount Online Academy operates 1 public schools serving 166 students, placing it among the smallest districts in Indiana. The school portfolio breaks down into 1 elementary schools, a small enough portfolio that most families will interact with nearly every campus in the district at some point. These enrollment and school figures come from the NCES Common Core of Data (CCD) 2024-25 release, and the district is based in Marion County.
Per-pupil expenditure runs $6,252 according to the NCES F-33 School District Finance Survey, among the bottom 41 of 406 Indiana districts by per-pupil spending. See how Indiana compares in our national per-pupil spending analysis. The funding mix is 53.9% local, 36.2% state, and 9.9% federal, a local-revenue-heavy mix that leaves the district more exposed to property-tax swings and local ballot measures than state-funded peers.
. Demographically, the student body averages 46.0% African American, 24.5% White, 14.1% Hispanic or Latino across the district's schools.
Its largest campus is Paramount Online Academy, enrolling 163 students (100% of the district's total enrollment).
Paramount Online Academy accounts for 98.2% of all Paramount Online Academy student enrollment
That is an overwhelming concentration, leaving the rest of Paramount Online Academy a distant remainder — means Paramount Online Academy-wide averages can mask substantial variation outside the dominant entity. Grade band: elementary. A single dominant campus often anchors a district's program offerings and staffing patterns; the share helps explain why district-wide averages may not reflect the typical neighbourhood-school experience. When one entity dominates a region's footprint, its programmatic and budget decisions effectively set policy for a majority of the affected population.
Paramount Online Academy has higher-than-average Title I eligibility — 86.1% of the population qualifies for free or reduced-price lunch
free or reduced-price lunch eligibility is the federal threshold for Title I funding allocations, established under the Every Student Succeeds Act (ESSA, 2015). Areas above 75% eligibility — including this one — receive concentration grants on top of the basic Title I formula. Regions with eligibility this high typically draw a substantially larger federal funding share relative to their local tax base, which can either offset or reinforce existing gaps depending on allocation policy.
Paramount Online Academy has 1 school, including 1 elementary. Total enrollment is 166 students.
How much does Paramount Online Academy spend per student?
Paramount Online Academy spends $6,252 per student.
What is the demographic composition of Paramount Online Academy?
Paramount Online Academy students are 46.0% African American, 24.5% White, 14.1% Hispanic or Latino, averaged across 1 school. Source: NCES CCD Membership 2024-25.