New Mexico Secures $77 Million In Recovery Act Funds For Schools
Governor Bill Richardson today announced that the second portion of federal stimulus funds through the Title I program are now available and will be distributed to school districts and charter schools throughout New Mexico.
The American Recovery and Reinvestment Act provides more than $77 million in Title I Part A and Part D funds. The purpose of the Title I program is to provide help to schools that have a high concentration of students from families that live in poverty, and to improve teaching and learning for students at risk of failing.
The first portion of Title I funds — about $38.7 million — were approved earlier this year.
Now the remainder of Part A and D funds are set to flow to local school districts.
The total, including what was approved earlier this year, is $77,167,243. These funds are provided to school districts by federal formula.
Examples of uses for Title I funding include after-school programs, hiring staff such as literacy specialists, and extra training for teachers and principals.
Topics: education, Governance, learning, literacy, low income, New Mexico, Part D funds, poverty, schools, skills, stimulus funds, students, teacher training, Title I, U.S., United States
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