TALLAHASSEE, Fla. - State school grades will be released on Friday. These grades, partially based on FCAT scores determines how much extra state funding the public schools will receive.

Schools receiving an 'A' or schools who improve their letter grade earn bonuses of $75 per student.

Schools that earn 'F' grades for several years in a row can face penalties. Their students may be given the option to attend other school's at the state's expense.