School districts are looking for ways to save money and make money. One local district has an option -- sponsoring buildings and classrooms.

The Penn-Harris-Madison school board voted to allow sponsorships and naming rights.

Amanda Gray at the Tribune reports any sponsorship valued at more than $5,000 dollars will have to be approved through the board, and anything less will have to be approved through the superintendent.

You can read more about this new policy on the Tribune's website: http://www.southbendtribune.com/news/education/phm-school-board-approves-sponsorship-policy/article_dbef047a-129a-11e4-924a-0017a43b2370.html