Last Updated on Wednesday, February 08, 2012 at 5:03 AM
On February 17, 2009, the President signed the American Recovery and Reinvestment Act (ARRA) to create jobs in the short turn and make needed investments for the long term. In an April 1, 2009 letter to Governors, Secretary Duncan stated, "The ARRA lays a foundation to reform America’s schools, invest in the proven solutions to help our students succeed, and cultivate a new culture of accountability for teaching and learning."
State Fiscal Stabilization Fund
The American Recovery and Reinvestment Act (ARRA) State Fiscal Stabilization Fund (SFSF) program provides education formula grants to states to stabilize state and local budgets and minimize reductions in education and other essential services. This funding is provided contingent upon a commitment to advance education reform in four key areas: • Achieving ... More