As part of the American Recovery and Reinvestment Act (ARRA), the U.S. Department of Education is committing over $100 billion in education investments.
Race to the Top
On November 12, 2009, the Department released the final guidance and application for ARRA’s Race to the Top Fund, which will make $4.35 billion available in competitive grants to states in two phases. The Phase 1 application deadline is January 19, 2010, with awards to be announced in April 2010. The Phase 2 application deadline is June 1, 2010, with awards to be announced in September 2010. If California wins the award, they could receive between $300 and $700 million.
**U.S. Department of Education. (2009, November). Race to the top executive summary. Washington, DC: Author. Available at http://www2.ed.gov/programs/racetothetop/executive-summary.pdf
This executive summary of the Race to the Top prepared by the U.S. Department of Education outlines the proposed priorities, requirements, definitions, and selection criteria (including the points allocated to each piece of the application).
**This document is considered a priority reading.