Department of Education to Distribute $44 Billion in Stimulus Funds in 30 to 45 Days
March 9, 2009Department of Education Press Release FOR RELEASE: March 7, 2009 U.S. Secretary of Education Arne Duncan today announced that $44 billion in stimulus funding from the American Recovery and Reinvestment Act (ARRA) will be available to states in the next 30 to 45 days. The first round of funding will help avert hundreds of thousands of estimated teacher layoffs in schools and school districts while driving crucial education improvements, reforms, and results for students. “These funds will be distributed as…