Texas to Receive $830.8 Million to Support Education Jobs
U.S. Secretary of Education Arne Duncan today announced that Texas will receive $830.8 million to support education jobs.
"There is a huge sense of urgency to get these funds out the door," said Duncan. "These education dollars will help Texas keep teachers in the classroom working with our students this year."
The $10 billion education fund is supporting education jobs and is being distributed to states by a formula based on population figures. States can distribute their funding to school districts based on their own primary funding formula or districts' relative share of federal Title I funds.
During the past 2 1/2 years, the Education Department has been able to support 300,000 education jobs through stimulus funding provided by the American Recovery and Reinvestment Act. A July 2010 report from the independent Center on Education Policy found that 75 percent of school districts that received stimulus funds expect to cut teaching positions.