FOR IMMEDIATE RELEASE
April 23, 2010 MEDIA CONTACT
Trey Pollard 202.225.5401
Department of Education has now provided more than $1.1 billion to Commonwealth from Recovery Act
(Washington, DC) Today, Congressman John Yarmuth (KY-3) announced that the Commonwealth of Kentucky would receive an additional $175 million in funding through the American Recovery and Reinvestment Act to prevent education job cuts, avoid reductions in public services, and help modernize and improve schools. This new funding brings the total amount of Recovery Act dollars the Commonwealth has received from the U.S. Department of Education to more than $1.14 billion. Late last year, Kentucky reported that initial funds from the Recovery Act had been used to fund more than 7,300 education jobs.
“This Recovery Act funding will save and create some of the most important jobs in our community – teachers and educational staff,” said Congressman Yarmuth. “While budgets are tight, we simply cannot afford to neglect the education of our children in Kentucky. With this investment, our nation is guaranteeing our students have the resources to receive a high-quality education while maintaining the highest-skilled workforce in the world. ”
The new funding from the Recovery Act will be awarded as State Fiscal Stabilization funds intended to help stabilize local budgets and ensure schools throughout the Commonwealth can avoid job cuts, retain vital faculty and staff, and modernize, renovate, and repair schools and colleges.
Kentucky recently reported that more than 7,300 education jobs had been funded with Recovery Act dollars. In addition to the $175 million announced today, the Commonwealth has received more than $964 million in Recovery Act funds from the Department of Education, including:
· $475 million in initial State Fiscal Stabilization Funds
· $155 million in Title 1 funds to support improvements in schools with high concentrations of low-income students.
· $174 million to help ensure students with disabilities have access to educational opportunities that meet their needs and unique abilities.
· $9 million in grants to develop programs to help students become technologically literate.
· $133 million in Pell Grants for Kentucky students
· $2 million in work study funds to provide jobs to students to help them pay college expenses.
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States House of Representatives
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