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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 CL1B4GWb52aeK+C4MCX9baJyf6ueiOcKtDZ7ux3O+32Q1ANtLLkfYmtvxp63WS6p
 T2BXKSNluYCnaNpMaIlAvQ==

<SEC-DOCUMENT>0001179110-03-003642.txt : 20030716
<SEC-HEADER>0001179110-03-003642.hdr.sgml : 20030716
<ACCEPTANCE-DATETIME>20030716151933
ACCESSION NUMBER:		0001179110-03-003642
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030714
FILED AS OF DATE:		20030716

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			FLEISHMAN ERNEST B
		CENTRAL INDEX KEY:			0001216562

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-19860
		FILM NUMBER:		03789230

	MAIL ADDRESS:	
		STREET 1:		C/O CORPORATE SECRETARY SCHOLASTIC CORP
		STREET 2:		557 BROADWAY
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10012

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SCHOLASTIC CORP
		CENTRAL INDEX KEY:			0000866729
		STANDARD INDUSTRIAL CLASSIFICATION:	BOOKS: PUBLISHING OR PUBLISHING AND PRINTING [2731]
		IRS NUMBER:				133385513
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0531

	BUSINESS ADDRESS:	
		STREET 1:		555 BROADWAY
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10012
		BUSINESS PHONE:		2123436100

	MAIL ADDRESS:	
		STREET 1:		555 BROADWAY
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10012
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>edgar.xml
<DESCRIPTION>FORM 4 -
<TEXT>
<XML>
<ownershipDocument>
    <schemaVersion>X0101</schemaVersion>

    <documentType>4</documentType>
<periodOfReport>2003-07-14</periodOfReport>
<notSubjectToSection16>0</notSubjectToSection16>
    <issuer>
        <issuerCik>0000866729</issuerCik>
        <issuerName>SCHOLASTIC CORP</issuerName>
        <issuerTradingSymbol>SCHL</issuerTradingSymbol>
</issuer>
<reportingOwner><reportingOwnerId>
            <rptOwnerCik>0001216562</rptOwnerCik>
            <rptOwnerName>FLEISHMAN ERNEST B</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>  </rptOwnerStreet1>
            <rptOwnerStreet2>  </rptOwnerStreet2>
            <rptOwnerCity>  </rptOwnerCity>
            <rptOwnerState>  </rptOwnerState>
            <rptOwnerZipCode>  </rptOwnerZipCode>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
<isDirector>0</isDirector>
<isOfficer>1</isOfficer>
<isTenPercentOwner>0</isTenPercentOwner>
<isOther>0</isOther>
<officerTitle>Senior Vice President</officerTitle>
<otherText></otherText>
</reportingOwnerRelationship>
</reportingOwner>
<derivativeSecurity><securityTitle><value>Employee stock option (right to buy)</value>
</securityTitle>
<conversionOrExercisePrice><value>27.46</value>
</conversionOrExercisePrice>
<transactionDate><value>2003-07-14</value>
</transactionDate>
<transactionCoding><transactionFormType>4</transactionFormType>
<transactionCode>A</transactionCode>
<equitySwapInvolved>0</equitySwapInvolved>
</transactionCoding>
<transactionAmounts><transactionShares><value>10000</value>
</transactionShares>
<transactionValue><value>27.46</value>
</transactionValue>
<transactionAcquiredDisposedCode><value>A</value>
</transactionAcquiredDisposedCode>
</transactionAmounts>
<exerciseDate><value>2004-07-14</value>
<footnoteId id="F1"></footnoteId>
</exerciseDate>
<expirationDate><value>2013-07-14</value>
</expirationDate>
<underlyingSecurity><underlyingSecurityTitle><value>Common Stock, $.01 par</value>
</underlyingSecurityTitle>
<underlyingSecurityShares><value>10000</value>
</underlyingSecurityShares>
</underlyingSecurity>
<postTransactionAmounts><sharesOwnedFollowingTransaction><value>10000</value>
</sharesOwnedFollowingTransaction>
</postTransactionAmounts>
<ownershipNature><directOrIndirectOwnership><value>D</value>
</directOrIndirectOwnership>
</ownershipNature>
</derivativeSecurity>
<footnotes><footnote id="F1">The option grant vests in four equal installments beginning on the first anniversary date of the grant, 07/14/2004.</footnote>
</footnotes>
<ownerSignature><signatureName>Teresa M. Connelly, Attorney-in-fact</signatureName>
<signatureDate>2003-07-15</signatureDate>
</ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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