Aug
7
Delivery of Federal Stimulus Money for Schools Moving Faster
August 7, 2009 | 1 Comment
U.S. Education Secretary Arne Duncan announced that the second round of stimulus funding for Title I, the Individuals with Disabilities Education Act (IDEA), and the Vocational Rehabilitation (VR) program, totaling $11.37 billion, will be on its way to schools by Sept. 1. This schedule is about a month earlier than expected.
The first half was made available to states beginning April 1. So far, schools have been slow to spend those funds. According to eSchoolNews, as of July 24 only 21.8 percent of available funding had been spent.
Officials of several states have reported that the stimulus money saved the jobs of thousands of teachers. In Florida, it was estimated about 26,000 K-12 teaching jobs were saved; in Alabama, 2,600 education jobs were saved.
You can read the full story on eSchoolNews
Comments
1 Comment so far
Thanks much for that informational post.