Changes urged in rules for federal innovation aid
By Michele McNeil/Education Week (Subscription required)
As the U.S. Department of Education prepares final rules for the $650 million Investing in Innovation Fund, officials face strong concerns from school districts and philanthropies that requiring matching funds from the private sector is unworkable and would turn foundations into the gatekeepers for these federal grants. Concern about the proposed matching-funds requirement for the so-called “i3” grants, which will be given out next year to districts through the economic-stimulus program, was a common thread among the 346 responses the department received during a 30-day public comment period that ended Nov. 9. But that wasn’t the only big concern about how the department is looking to dole out the grants, a small—though highly coveted—piece of some $100 billion in stimulus aid for education. (more...)