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Obama proposes $1.3B increase in ed funding
source: eSchool News

In addition to the recent $105.6B stimulus plan to Education already in effect, overall, the president's budget request, unveiled May 7, allocates $46.7 billion for ED—an increase of $1.3 billion from 2009.

In a conference call with reporters, Education Secretary Arne Duncan said the budget "makes tough decisions," but is intended to "give educators the resources they need to turn around the schools in the most trouble."

Building on Obama's pledge to help students obtain a college education, one aspect of the proposed budget would boost the maximum Pell Grant award to $5,500, with increases for inflation plus 1 percent, Duncan said.


 

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"This administration is committed to helping any student who wants to attend college pay for it," he added.

Obama's mandatory funding proposals would make available more than $129 billion in new grants, loans, and work-study assistance for postsecondary students in 2010, an increase of $31.7 billion, or 32 percent, over the 2008 level.

Under the proposed budget, Title I would receive $12.9 billion, down from 2009's $14.5 billion, but Title I also received an extra $13 billion in the stimulus act.

Duncan said $1.5 billion of those Title I funds have been directed to other ED priorities, including $500 million for Early Childhood Grants and $300 million for the Early Learning Challenge Fund, both new programs this year. An additional $50 million is intended to help high school graduation rates, which would be used to identify promising practices in dropout prevention.

Federal funding for the Enhancing Education Through Technology (EETT) program would drop from $270 million to $100 million, a 63 percent cut, under President Obama's proposed $3.4 trillion budget for fiscal year 2010.


 


 


    


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