New Hampshire’s adequacy formula, a cornerstone of school funding, determines state aid for public schools, charter schools and Education Freedom Accounts, but courts deem it underfunded. The Supreme Court held the base amount unconstitutional and left the fix to the Legislature, exposing disparities in funding that impact equity across districts. Lawmakers face pressure to reform this system.
New Hampshire entrepreneurs can access diverse funding avenues, including bank loans, grants, and equity from local investors. Key financing tools involve SBA loans, state programs like BFA, and non-dilutive options such as SBIR/STTR. Successful funding typically requires a mix of these sources, tailored to business needs and the state’s supportive ecosystem.
New Hampshire ranks high in per-pupil spending and low in the state’s share of it, districts lean on local property taxes, and courts have found base adequacy aid too low to meet the constitution; the data, the rulings, and the reform proposals.

