The exclusion of small-class schools from the application of the formula, at least at the beginning of the pilot process, seems reasonable as funding small rural schools through a unique national allocation formula is not an easy task. A per student funding scheme implies that resources are calculated for every student and that a specific formula is drawn, often in the form of a mathematical equation. A well designed funding formula can, under certain conditions, be the most efficient, equitable, stable and transparent method of funding schools (LevaCid, 2008).