From USA Today
The USA’s public schools stand to be the biggest winners in Congress’ $825 billion economic stimulus plan unveiled last week. Schools are scheduled to receive nearly $142 billion over the next two years — more than health care, energy or infrastructure projects — and the stimulus could bring school advocates closer than ever to a long-sought dream: full funding of the No Child Left Behind law and other huge federal programs.
But tucked into the text of the proposal’s 328 pages are a few surprises: If they want the money — and they certainly do — schools must spend at least a portion of it on a few of education advocates’ long-sought dreams. In particular, they must develop:
• High-quality educational tests.
• Ways to recruit and retain top teachers in hard-to-staff schools.
• Longitudinal data systems that let schools track long-term progress.
Since the Academy is a private school, will they qualify for some of this stimulus?
from eSchoolNews
The education portion of the bill includes:
- $41 billion to boost learning in local K-12 school districts through Title I ($13 billion), IDEA ($13 billion), a new School Modernization and Repair Program ($14 billion), and the Education Technology block-grant program ($1 billion);
- $79 billion in state fiscal relief to prevent cutbacks to key services, including $39 billion to local school districts and public colleges and universities using existing formulas, $15 billion to states as bonus grants for meeting key performance measures, and $25 billion to states for other high-priority needs, such as preventing the layoffs of public safety and other critical employees, including teachers;
- $6 billion in school modernization funds for colleges and universities; and
- Funding to make college more affordable, including $15.6 billion to increase the maximum Pell Grant amount by $500, from $4,850 to $5,350, and tax credits for up to $2,500 per year spent in college tuition.
Democratic leaders in Congress have pledged to have a bill ready for Obama to sign by mid-February.