According to No Child Left Behind, charter schools should have the same access to federal entitlement funds as any other public school. Colorado uses a consolidated grant system where school districts and/or BOCES apply for all the federal program funds in one application. Charter schools must be represented in the district's needs assessment and action plan. In fact, the process requires charter school representatives to sign off on the district's application.
Districts will be submitting these consolidated applications by June 30th. Within the next few months, charter school administrators will be contacted to determine their needs in relation to the parameters of each of the funding streams. Generally, if the district's plan doesn't match the charter school's needs, the charter school can instead use the funds for their own plan. Be sure to check the guidance for each program because conditions may vary.
These federal funds include: Title I, II, IV and V. Go to http://www.cde.state.co.us/FedPrograms/NCLB/index.asp for more information.