The Well-Rounded Education through Student-Centered Funding Demonstration Grants program provides competitive grants to local educational agencies (LEAs) to demonstrate model programs for providing well-rounded education opportunities through the development and implementation of student-centered funding (SCF) systems based on weighted per-pupil allocations under Section 1501 of the Elementary and Secondary Education Act of 1965, as amended (ESEA). Section 1501 authorizes the U.S. Secretary of Education to offer an alternative to traditional resource-allocation systems. An LEA approved under section 1501 has flexibility to consolidate eligible Federal funds with its State and local funds to create a single student-centered school funding system based on weighted per-pupil allocations for students from low-income families, English learners, and otherwise disadvantaged students.