St. Louis College Prep | St. Louis Public Radio

St. Louis College Prep

St. Louis College Prep charter school is expected to graduate its first senior class this summer. The Missouri State Auditor has agreed to investigate the school's attendance reporting.
File photo | Ryan Delaney | St. Louis Public Radio

The founder and leader of St. Louis College Prep submitted phony attendance sheets to the state education department for several years in order to funnel more than $1.4 million to his charter school fraudulently, a state audit released Tuesday found.

St. Louis College Prep, an independent public charter school, shuttered in May after graduating its first senior class. Its founder, Mike Malone, resigned last November after the school’s sponsor and board confronted him regarding the financial irregularities. 

Rici Hoffarth | St. Louis Public Radio

Three charter schools are enrolling students this summer before opening their doors for the first time in August.

Two schools will be run by longtime charter operators in St. Louis, while a third is being opened by young Teach For America alumni.

St. Louis College Prep charter school is expected to graduate its first senior class this summer. The Missouri State Auditor has agreed to investigate the school's attendance reporting.
File photo | Ryan Delaney | St. Louis Public Radio

Seniors at St. Louis College Prep will be the independent public school’s first, last and only graduating class.

St. Louis College Prep, a charter middle and high school that was thrown into fiscal distress late last year, will close down at the end of the academic year and a nearby charter school will fill the void, according to Steve Singer, president of College Prep’s board.

St. Louis College Prep charter school is expected to graduate its first senior class this summer. The Missouri State Auditor has agreed to investigate the school's attendance reporting.
File photo | Ryan Delaney | St. Louis Public Radio

Updated 5:25 p.m. with additional information on the school's financial situation —

St. Louis College Prep has lost tens of thousands of dollars in state funding amidst an investigation into whether the charter school's founder over-reported attendance records.

The Missouri State Auditor’s office accepted a request Jan. 11 from Education Commissioner Margie Vandeven to review St. Louis College Prep’s finances. Charter schools are public schools that receive state and federal funding but operate independently from traditional school districts.