Students and Teacher doing a science experimentThe interest and dividends generated from investing the in permanent funds, as well as rental income from agricultural and commercial properties and lease bonus revenues, are distributed each year to Oklahoma’s public school system and state colleges. More than $137 million were distributed during the fiscal year ending June 30, 2017. Of that, $103.4 million went to common schools (K-12), and $34 million was distributed to colleges and universities.