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Education Stimulus Funding
Windfall or Boondoggle
On the first of April, 2009, Secretary of Education, Arne Duncan, announced that $48.6 billion dollars was now available for states and schools under the American Recovery and Reinvestment Act (ARRA). At that time he said “Given our economic circumstances, it is critical that money go out quickly but it is even more important that it be spent wisely.”
Six weeks later, on May 18th, Mr. Duncan urged states to submit applications for State Fiscal Stabilization Funds as quickly as possible. “We have an urgent need to reform our schools and prevent teacher layoffs,” said Duncan. “The Department is turning around applications within nine days on average. States that have not yet applied need to do so now.” As of that date, nearly $13 billion or 27% had been awarded to a total of 13 states.
Are stimulus funds helping or hurting our industry? Join us for a discussion of how the Department of Education funding programs are impacting school marketers.
On Tuesday, June 16, 2009 at 2:00 p.m. EST we’ll discuss:
• Up to the minute funding status.
• Department of Education guidelines regarding how schools and districts should spend the money.
• What some school marketers are doing to improve their opportunities to capture stimulus funding.
• The current outlook for state education budgets.
• The forecast for total funds available to schools and districts from all sources.
• What steps school marketers should take in order to survive these uncertain economic times.
Click here to connect to the Program Dates and Fees page or click on the button on the left side of this page.
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