IDOE Stimulus Package Information
Latest Information for School Corporations
It’s important to keep a few things in mind:
- This is one-time money. Funding should be used for items that do not add new ongoing expenditures.
- Most states are using this money to replace K-12 shortfalls (33 states have cut or proposed to cut funding to K-12 education). Indiana is fortunate that funding for education has not been cut.
- A large portion of the education money is tied to existing federal grants and programs. Those dollars will be distributed to local school corporations according the formulas set forth in those programs. The state will be required to track and report how those dollars are being spent.
- The state is anticipating final guidance from the US Education Department. As information becomes available to us, we will work to update this webpage as quickly as possible.
Q. How much money is Indiana receiving for K-12 education in the federal stimulus plan?
- As a rule, most of the money can be broken into three areas:
- Title I (Poverty-based federal grants program): Approximately $168 million
- IDEA (Special education federal grants program): Approximately $253 million for K-12 and approximately $9 million for Pre-K
- State fiscal stabilization fund: Approximately $820 million of this fund is earmarked for K-12 Education and Higher Education
- There are smaller categories for competitive grants and specialized programs.
Q. How much money will each school corporation receive?
- There are two-types of money available for local school districts: Formula driven programs (such as Title I and IDEA) and competitive grants.
- We are anticipating information from the US ED to determine how much each corporation will receive through existing federal programs, and the amount available through a competitive grant procedure.
Q. When do we expect to receive the stimulus money?
- We are anticipating final notification on the timeline from US ED. As we receive more information, we will make it available on our webpage as soon as possible.
Q. What projects and programs do we plan to spend the state fiscal stabilization money on?
- We are anticipating guidance from US ED on the specific uses of the money. IDOE is coordinating efforts with the Governor’s office to develop a strategy. As we receive more information, we will make it available on this webpage as soon as possible.