Application for Part 1 of Michigan's State Stabilization Funds Approved Today
June 3, 2009
Contact: Sandra Abrevaya, (202) 401-1576|
U. S. Secretary of Education Arne Duncan today announced more than $1 billion is now available for Michigan 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. Michigan will be eligible to apply for another $525 million this fall. Today's funding is being made available per Michigan's successful completion of Part 1 of the State Stabilization Application, which was made available on April 1st.
"The $1 billion Michigan 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. Michigan can now utilize these funds to save jobs and lay the groundwork for a generation of education reform."
To date, Michigan has received $421 million in education stimulus funds-representing a combination of funding for Title I, IDEA, Vocational Rehabilitation Grants, Independent Living Grants and Impact Aid. On April 1, Michigan received $195 million in Title I funding and more than $213 million in IDEA funding. This represents 50 percent of the Title I and IDEA funding Michigan is eligible for in total. On April 1, Michigan also received more than $9 million in Vocational Rehab funds and $1.6 million in Independent Living funds. On April 10, Michigan received $24,000 in Impact Aid funding.
In order to receive today's funds, Michigan 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.
Michigan 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 Michigan and other state applications for initial funding under the State Fiscal Stabilization Fund Program at http://www.ed.gov/programs/statestabilization/resources.html.
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