$806 Million in Recovery Funds Now Available for Virginia to Save Teaching Jobs and Drive Education Reform
Application for Part 1 of Virginia's State Stabilization Funds Approved Today
U.S. Secretary of Education Arne Duncan today announced that $806 million is now available for Virginia under the American Recovery and Reinvestment Act (ARRA) of 2009. This funding will lay the foundation for a generation of education reform and help save hundreds of thousands of teaching jobs at risk of state and local budget cuts. Virginia will be eligible to apply for another $397 million this fall. Today's funding is being made available per Virginia's successful completion of Part 1 of the State Stabilization Application, which was made available on April 1st.