The Associated Press reports that according to a new report, poor students are shortchanged by both federal and state school aid policies. The Education Department gives states approximately $13 billion per year to help students in low-income areas. However, this money is doled out via a formula that determines each state’s share. Because of this, smaller states such as Vermont and Wyoming are basically guaranteed an amount per student that can outstrip the levels of more populated states. In addition, federal funds are tied to the amount each state spends on education, thus, those states such as Washington that spend more on education, receive more funds from the federal government. According to Education Trust, this system rewards states more for their wealth than their desire to educate students. For example, the report shows that Maryland has fewer poor children than Arkansas, but it gets about 50 percent more federal aid per child…