The Pencader Charter High School of Business & Finance was a high school in New Castle, Delaware that opened in August 2006.

[1] It opened with 350 students (200 freshman, 150 sophomores) and was the first high school in Delaware with a business and finance focus.

It shared many of the same characteristics as The Charter School of Wilmington including a required yearly commitment, a selective admissions process, a block schedule, free bus transportation, no tuition, and a dress code including khakis and Pencader polo shirts, button-down long sleeve or short sleeve, sweater vest, or sweater.

[4] Pencader Charter was known on a state level through its involvement with athletics, and extracurricular groups.

[citation needed] The school had difficulty working with its $5 million annual budget, leading to it having been at risk of closure in 2011, 2012 and again in 2013.