摘要：The text analyzes the Fundef in Maranhão and its effects on High School spending in that State in the period of 1996-2006 with a view to discuss the effectiveness of this funding policy that focused only on one stage of the basic education. For this, discu 1990s, with an emphasis on education funding from Fundef and analyzes the dynamic budget revenues of Education Function; participation / contribution of the revenues of Fundef in total revenue of Education, resulting the collaboration of the Union for a poor financially state. These data were collected and systematized from General Balance of the State of Maranhão and refer to the period from 1996 to 2006. It concludes that the conditions that were offered the State in the period under analysis teaching.
关键词：financing of education;high school;educational policy.
