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The federal government provided guidance through the U.S. Department of Education on how state and local education agencies (school districts) should use the relief funds. Recognizing that school districts have unique needs, the guidance provided wide flexibility on how funds could be spent, through twelve broad areas of uses. [10]
The largest source of funding for elementary and secondary education comes from state government aid, followed by local contributions (primarily property taxes). [2] The public education system provides the classes needed to obtain a General Education Development (GED) and obtain a job or pursue higher education. [3]
Project grants are the most common form of grants and a large number are found in scientific research, technology development, education (such as Federal Pell Grants), social services, the arts and health care types of assistance. [citation needed] Formula grants provide funds as dictated by a law. Examples of this type of grant includes Aid to ...
The package, which runs more than 1,000 pages, would provide funding for the departments of Defense, Homeland Security, Labor, Health and Human Services, Education, State and the legislative branch.
Treasury needs to borrow to pay the bills since the US spends more than it collects in revenue, resulting in a budget deficit. The nation’s debt currently stands at $36.2 trillion. Reforms for ...
Regulation and funding of education is primarily handled by state and local governments, and the federal government provides only 8% of K-12 education funding in the United States. [2] Congress does not have direct authority over education, so federal education policy is enforced by requiring compliance in order to receive federal funding.
Local government grants are offered by counties, cities, and municipalities to support local initiatives. These grants often target community-specific needs, such as housing, transportation, public safety, and cultural programs. Local governments may also pass through federal and state grant funds to local organizations.
To find out more about how a Trump win could impact teachers and education funding, GOBankingRates spoke with industry experts Dennis Shirshikov, an economics professor at City University of New ...