"Making the Grade 2021" analyzes the condition of public school funding in all 50 states and the District of Columbia. Using the most recently available data from the 2018-19 school year, the report ranks and grades each state on three measures to answer the key question: How fair is school funding in your state? The three fairness measures are: (1) Funding Level; (2) Funding Distribution; and (3) Funding Effort. The state rankings and grades on these measures provide crucial data to inform advocates, policymakers, business and community leaders, teachers, parents and students about the equity and adequacy of public school funding in their state. "Making the Grade" is designed to assist state residents working to improve the level and distribution of funding for public school students. [For "Making the Grade 2020: How Fair Is School Funding in Your State? A Guide for Advocates and Policymakers," see ED612473.]