$589 Million in Recovery Funds Now Available for Maryland Education
Application for Part 1 of Maryland's State Stabilization Funds Approved Today
June 1, 2009 -- U. S. Secretary of Education Arne Duncan today announced that more than $589 million is now available for Maryland under the American Recovery and Reinvestment Act (ARRA) of 2009. This funding will lay the foundation for a generation of education reform and help save hundreds of thousands of teaching jobs at risk of state and local budget cuts. Maryland will be eligible to apply for another $290 million this fall.
Today's funding is being made available per Maryland's successful completion of Part 1 of the State Stabilization Application, which was made available on April 1st.
"The $589 million Maryland will receive today is part of the single largest boost in education funding in recent history," said Duncan. "The President's leadership and support from Congress have made this historic investment possible. Maryland can now utilize these funds to save jobs and lay the groundwork for a generation of education reform."
To date, Maryland has received $180 million in education stimulus funds—representing a combination of funding for Title I, IDEA, Vocational Rehabilitation Grants and Independent Living Grants. On April 1st, Maryland received $68 million in Title I funding and more than $107 million in IDEA funding. This represents 50% of the Title I and IDEA funding Maryland is eligible for in total. On April 1st, Maryland also received more than $3 million in Vocational Rehab funds and more than $879 thousand in Independent Living funds.
In order to receive today's funds, Maryland provided assurances that it will collect, publish, analyze and act on basic information regarding the quality of classroom teachers, annual student improvements, college readiness, the effectiveness of state standards and assessments, progress on removing charter caps and interventions in turning around underperforming schools.
Maryland is also required by the Department of Education to report the number of jobs saved through Recovery Act funding, the amount of state and local tax increases averted and how funds are used.
See Maryland and other state applications for initial funding under the State Fiscal Stabilization Fund Program at http://www.ed.gov/programs/statestabilization/resources.html.
Source: Dept. of Education
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