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Rules Set for $4 Billion 'Race to Top' Contest

For a good shot at the $4 billion in grants from the federal Race to the Top Fund , states will need to make a persuasive case for their education reform agenda, demonstrate significant buy-in from local school districts, and develop plans to evaluate teachers and principals based on student performance, according to final regulations set for release Thursday by the U.S. Department of Education.

Those three factors will rank as the most important to U.S. Secretary of Education Arne Duncan and his staff as they weigh states’ applications based on more than 30 criteria , including how friendly their charter school climates are and how well they use data to improve instruction.

At stake for states is a slice of the biggest single discretionary pool of education money in the economic-stimulus package passed by Congress in February—a $4.35 billion prize, of which $350 million has been pledged to help states develop common assessments as part of...