Delaware and Tennessee Get Round 1 Financial Bonus
The Education Department has made an important change to Round 2 of the Race to the Top competition that has big—and not necessarily positive—implications for the remaining 47 states and D.C. if they plan to seek a share of the $3 billion or so still left.In Round 2, Race to the Top awards will be capped at levels outlined in what originally were the Education Department's original nonbinding estimates. Those estimates will now be binding.That means Round 1 winning states Delaware and Tennessee, in addition to bragging rights, got a financial bonus, too: Their grants are larger than they would have been under the new rules for Round 2. And they'll also be worth more per student than any state that wins in Round 2. In the first go-round, the department suggested that a state of Delaware's size could win up to $75 million, but it turns out the state is getting an additional $25 million. Tennessee's top-line budget estimate was $250 million, and the state is getting twice that
Delaware and Tennessee Get Round 1 Financial Bonus
The Education Department has made an important change to Round 2 of the Race to the Top competition that has big—and not necessarily positive—implications for the remaining 47 states and D.C. if they plan to seek a share of the $3 billion or so still left.
In Round 2, Race to the Top awards will be capped at levels outlined in what originally were the Education Department's original nonbinding estimates. Those estimates will now be binding.
That means Round 1 winning states Delaware and Tennessee, in addition to bragging rights, got a financial bonus, too: Their grants are larger than they would have been under the new rules for Round 2. And they'll also be worth more per student than any state that wins in Round 2. In the first go-round, the department suggested that a state of Delaware's size could win up to $75 million, but it turns out the state is getting an additional $25 million. Tennessee's top-line budget estimate was $250 million, and the state is getting twice that
