|The Lay School is locally significant under Criterion A in the area of education for its association of providing education to the students of Lay and the surrounding area for nearly fifty years. Additionally, the school is locally significant under Criterion A in the area of social history as it served the community as the primary gathering place of r various social functions from its construction date through the 1980s. Further, the school is locally significant under Crite criterion C in the area of architecture as a good example of a modest Late 19th and Early 20th Century American Movements style building as applied to a rural school building. Finally, the property is significant under Criterion Din the area non-aboriginal historic archaeology for its potential to yield information important to history due to buried deposits. Two privies, one for boys and one for girls, existed north of the school. While the buildings no longer exist, the privy pits exist, which provide a high likelihood of obscured and buried artifacts. The building is a good example of a rural one-room schoolhouse and meets the registration requirements of the Schoolhouse Property Type as defined in the Multiple Property Documentation Form (MPDF) Rural School Buildings in Colorado. As noted in the MPDF, rural school buildings are eligible for not only education, but also for social history as a focus of community life and the primary gathering point for a wide variety of social and community events.