Second Race to Top District Contest, Worth $120 Million, Starts Now
The U.S. Department of Education today kicks off the second Race to the Top contest for districts, in which $120 million will be up for grabs to those with the best ideas for improving education at the local level.
Applications are due Oct. 3. The Education Department asks that districts that intend to apply notify the department by Aug. 23. (These "intents to apply" aren't binding, and mostly just serve as a planning tool for the department.) Individual grants will range from $10 million to $40 million, depending on the enrollment of the school district. Winners (there are only expected to be between 5 to 10) will be announced by the end of the calendar year.