This FHI 360 issue brief highlights ways that universities and schools can enhance existing school–university partnerships and forge new partnerships. Topics include how teacher preparation programs can work with schools to share responsibility for clinical placement opportunities, what models for preparing university graduates for real-world teaching work well and how schools can view university programs as resources for maximizing teacher preparation in an era of higher accountability measures and declining budgets. State and local policymakers can also use this brief to consider how to implement policies and regulations that support effective school–university partnerships.