Tennessee is slated to get a $433 million slice of the more than $21 billion in grants to be distributed among schools in all 50 states, U.S. Secretary of Education Arne Duncan announced Thursday.
The funds will be distributed as formula grants to support state-administered programs that support teachers and help students reach high standards.
Formula grant programs are noncompetitive awards based on a predetermined formula and provide funding for a variety of programs, including resources to improve teacher quality, career and technical education, and support for children facing the challenges of living in poverty. The Individuals with Disabilities Education Act Part B grant program supports children and students with disabilities from ages 3 to 21.
"Formula funding is critically important to every state and school district as we work together to prepare young children to enter school and every student for graduation," Duncan said. "Federal formula grants combined with Recovery Act funding present an unprecedented opportunity to drive reforms and improvements in our nation's schools."
Tennessee's $433.53 million share will be divvied up among the categories with $210.29 million going to Title I; $177.47 million for IDEA-B; $29.59 million for teacher quality and $16.18 million for career and technical training.
These so-called formula grant programs dispense funds to states on July 1 and Oct. 1 based on congressionally mandated formulas that, depending on the program, take into account such measures as population, poverty rates and enrollment.
Formula grants originate from the Education Department's annual appropriation from Congress and are separate from the $100 billion in stimulus funds under the American Recovery and Reinvestment Act.