Stimulus funds for schools will be available in 30 to 45 days

March 9, 2009
Educators hope federal money arrives in time to prevent layoffs, program cuts

U.S. Education Secretary Arne Duncan says nearly $44 billion in federal stimulus aid to schools will be available to states in the next 30 to 45 days -- soon enough, education officials hope, to prevent hundreds of thousands of layoffs and program cuts nationwide. An additional $49 billion will be distributed within six months. Duncan released a series of funding guidelines that had been eagerly awaited by states and school systems. Read The Washington Post article.

Read the Education Department news release.... Read more details about the plans for allocating the education stimulus funds.

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