Last July, I joined with President Obama to kick off the Race to the Top. This competition, which was funded through the Recovery Act with the support of Congress, put unprecedented resources$4.35 billion dollarson the table to reward states that are ready to dramatically re-shape America's educational system.
We said from the beginning that we were going to set a very high bar in this competition, that we would only reward excellence, and that winning would require an all hands on deck approach to reform.
Since then, this historic program has been a catalyst for education reform across this country, prompting states to think deeply about how to improve the way we prepare our students for success in a competitive 21st century economy and workplace.
Forty states and the District of Columbia answered the challenge in Phase I. With their leadership, stakeholders across America sat down together, looked hard at what is and is not working, and developed bold and creative reform plans that give us great hope for the future of America.
Today I'm proud to announce that 16 applicants are advancing as finalists. The finalists are the following:Colorado, Delaware, District of Columbia, Florida, Georgia, Illinois, Kentucky, Louisiana, Massachusetts, New York, North Carolina, Ohio, Pennsylvania, Rhode Island, South Carolina, and Tennessee.
These 16 applicants show what is possible when adults come together to do the right thing for children. Each of the finalists scored over 400 points in a 500 point competitionand there was a natural break from the other 25 applicants.
Let me be very, very clear: these are not the winners of the competition. No money is being awarded today.
These 16 finalists are the best applications we received in Phase 1. Each one of them has a shot at winning, but most of them will go home as finalistsnot as winners. We will announce those winners in April.
I cannot say how many winners there will be but we are setting a high bar and we anticipate very few winners. It will be a function of the strength of the applications. I can assure everyone that there will be plenty of money left over. At most, we expect to award no more than $2 billion dollars in the first phaseand it could be considerably less.
But this isn't just about the money. It's about collaboration among all stakeholdersincluding administrators, educators, unions, parents and elected officials. It's about building a shared agenda, and challenging ourselves to improve student learning.
That's why every state that has applied is a winnerand the biggest winners of all are the students. Everyone who applied for Race to the Top is helping to chart the path forward for education reform in America.
I salute all of the finalists for their hard work. And I encourage non-finalists to reapply for Phase 2 in Junealong with the states that did not apply in the first Phase and the finalists who ultimately do not win.
We will be giving all applicants their feedback and scores after the winners are announced in early April, and we will publish them on-line so the public can see how finalists and winners were selected. The applicants who weren't selected as finalists today will be able to use this information to strengthen and improve their applications in Phase 2.
I very much appreciate that non-finalists will want to know their scores and read the comments from reviewers as soon as possible so that they can improve for Phase 2. However, sharing the scoring information and comments in the middle of the competition could compromise the integrity of the process. Finalists should focus on their own applications, not analyze the scores and comments of others.
The fact that we are publishing reviewer comments and applications for all applicants represents a historic level of transparency. This competition is so intense and so important, that we want to go the extra mile and make sure everyone can see exactly how this works.
Going forward, we are very hopeful that there will be a Phase 3 competition. The President has proposed $1.35 billion in next year's budget to continue Race to the Top and we look forward to working with Congress to make that happen.
The fact isthe demand for this funding far exceeds the supply. States and districts and other stakeholders clearly want reform. Our hope is that these bold blueprints for education reform from states all across America will all be implemented over time.
Race to the Top is a competition. Only the best proposals will win. We expect the winners to lead the way and to blaze the path for the future of school reform for years and even decades to come. They will make education reform America's mission.
I'm joined here today by Joanne Weiss, who's leading this effort on behalf of the Department. Joanne and I are ready to take your questions.