Stimulus Aid to Go Out in Phases, Guidelines Say
The eagerly awaited federal guidelines on some $100 billion in stimulus funding for education aim to pump money out quickly, while giving the U.S. Department of Education leverage to demand improvements from states and districts.
The biggest single restriction in the guidelines issued March 7 involves the $53.6 billion State Fiscal Stabilization Fund, the bulk of which is aimed at steadying faltering state budgets. States won’t get all of their stabilization funds at once. Instead, 67 percent—or about $32 billion—will go out within two weeks of a state’s submission of its application.
The rest will go out state by state as the department approves states’ plans to comply with the assurances required under the law that they take steps to increase teacher quality, build better data systems, improve standards and assessments, and...
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