Federal Teacher Incentive Fund Awards More Than $31 Million to Aid Charter Schools

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Posted: September 27, 2012

More than $31 million was awarded by the U.S. Department of Education under its 2012 Teacher Incentive Fund to help charter school organizations to “improve pay structures, reward great teachers and principals and provide greater professional opportunities to teachers in high-poverty schools,” the Department announced September 27, 2012.

The grants were among 35 totaling about $290 million that the Department stated will serve nearly 1,000 schools in 150 urban, suburban, and rural school districts in 18 states. The award amounts represent the first two years of funding over the five-year grant period.

Grants involving charter schools include the following:

  • Alliance College-Ready Public Schools, California, Initial Funding Amount (2 years) $2,181,505; Total (5-year) Project Cost:  $8,951,090.
  • Aspire Public Schools, California, Initial Funding Amount (2 years) $11,897,000;
    Total (5-year) Project Cost:  $27,851,000.
  • Green Dot Public Schools, California, Initial Funding Amount (2 years) $1,873,619;
    Total (5-year) Project Cost:  $11,739,504.
  • The National Institute for Excellence in Teaching, Initial Funding Amount (2 years)  $4,612,340;
    Total (5-year) Project Cost:  $13,003,085; School Districts Served: Emily O. Goodridge-Grey Accelerated Charter School, MN; Sojourner Truth Academy, MN; Hmong College Prep Academy, MN; and Partnership Academy, MN.
  • Center for Educational Innovation – Public Education Association, NY, Initial Funding Amount (2 years)  $2,952,477; Total (5-year) Project Cost:  $9,590,932; School Districts Served: Academy for Urban Leadership Charter School, NJ; Charter TECH High School for the Performing Arts, NJ; Millville Public Charter School, NJ; Oceanside Charter School, NJ; and Vineland Public Charter School, NJ.
  • Center for Educational Innovation – Public Education Association, NY, Initial Funding Amount (2 years)  $3,038,827; Total (5-year) Project Cost:  $11,404,537; School Districts Served:  Imagine Me Charter School; Inwood Academy for Leadership; John W. Lavelle Preparatory Charter School; La Cima Charter School; New Dawn Charter High School; and Tech International Charter .
  • Breakthrough Charter Schools, Ohio, Initial Funding Amount (2 years)  $3,326,441;
    Total (5-year) Project Cost:  $10,376,776.
  • Life School of Dallas, Texas, Initial Funding Amount (2 years)  $1,812,200; Total (5-year) Project Cost:  $4,530,500.