The U.S. Department of Education is going to award $240 million in Preschool Development Grants.
The Department’s program called, Race To The Top, is seeking to award development and expansion grants to states for high quality early education services for low – moderate income 4 years olds.
For the Development Grants, ED will distribute $80 million for 16 awards ranging from $5 million-to-$20 million per year over four years.For the Expansion Grants, $160 million will go for 36 awards ranging from $10 million to $35 million a year for four years.
The Department will favor states who are able to commit to matching 50% of grant funds – cash and/or in kind donations.