Distribution of ARRA Funds
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The following is a summary of the distribution of ARRA funding broken down by type. For more detailed information, visit the US Dept. of Education
Categories of funds and schedule for distribution:
- The ARRA Pell grant and work study funding will be used for school year 2009-2010. These funds are available, pending disbursement, beginning July 1, 2009.
- Pell Grants - $17.1 billion. This will increase the maximum Pell award for all eligible students from $4,850 to $5,350.
- Work Study - $200 million.
- The funds under the State Fiscal Stabilization Fund (SFSF), Title I, Part A and Individuals with Disabilities Education Act (IDEA), Part B will be available in two stages. The Department will release 50 percent of Title I, Part A and 50 percent of IDEA, Part B funds before the end of March 2009. Streamlined, user-friendly applications for the initial 67 percent of the SFSF will be available to governors by the end of March, and funds will be made available by the Department within two weeks after receipt of an approvable application. For these three categories of funds, we expect to make available the remainder of the funds during the period July 1 to Sept. 30, 2009, conditioned on states providing additional information.
- SFSF delivered to the state governors ($48.6 billion)
- $39.8 billion is devoted to public early learning, K-12, and higher education.
- $8.8 billion is allocated to governors for education (including school modernization), public safety, or other government services.
- Title I, Part A ($10 billion) to State educational agencies.
- IDEA, Part B ($11.7 billion) to State educational agencies
- A minimum of 50 percent of the funds for the following programs will also be available by the end of March as soon as guidelines are issued:
- For the following programs under $500 million, all of the formula funds will be available by the end of March, 2009:
- Impact Aid Construction ($100 million: only 40 percent will be distributed by formula; 60 percent will be distributed through competitive grants at a later date).
- Independent Living Services ($140 million: only $52.5 million will be distributed by formula; remaining $87.5 will be distributed by competitive grants at a later date).
- Education for Homeless Youth ($70 million).
- For the following programs, funds will be made available beginning in fall 2009, and will be conditioned upon receipt of further information that will be outlined in future guidance:
- Title I School Improvement Grants ($3 billion).
- Educational Technology State Grants EETT($650 million).
- The following funds will be made available beginning in fall 2009, based on the quality of the applications submitted through a competitive grant process. Guidelines for these funds will be posted at US Dept. of Education at a later date.
- Teacher Incentive Fund ($200 million).
- Teacher Quality Enhancement ($100 million).
- Statewide Data Systems ($250 million).
- Under the $5 billion in SFSF reserved for the Secretary of Education to make competitive grants, the Department will conduct a national competition among states for a $4.35 billion state incentive "Race to the Top" fund to improve education quality and results statewide. The Race to the Top fund will help states drive substantial gains in student achievement by supporting states making dramatic progress on the four reform goals described above and effectively using other ARRA funds.