The Korea Local Administration Review

This study aims to analyze how the regional equity changes when the calculation method of the local education finance grant is changed in the direction to sufficiently reflect the change in the number of students. Specifically, I extracted some items suitable for adding the number of students to the allocation criteria among measurement items allocated based on the number of schools or classes, and analyzed the effects of raising the ratio of the number of students related to these items on the regional equity. The results show that when adding the number of students to the allocation criteria, it is occurred that the disparity in terms of the general grant or the revenue per student between the local education offices decreases, and as the ratio of the number of students increases, this effect becomes larger. Therefore, it is suggested that the number of students should also be included in the allocation criteria for some measurement items which have the main allocation criteria by the number of schools or classes.   □ Keywords: local education finance grant, standard financial demand, total number of students, regional equity