U.S. Secretary of Education Arne Duncan will announce Phase-one finalists for the Department's $4.35 billion Race to the Top competition during a press conference call with reporters at 2:30 p.m. Thursday, March 4.
Half would stay with the state and half would go to local districts and charter schools, based on their share of total federal funding the state already receives for reading and math help for low-performing and low-income children. The state's eight big urban districts receive a large chunk of that money. Akron gets about 3.4 percent of it. At a minimum, Akron could get $3.4 million perhaps double that or more depending on how successful Ohio is in the 50-state competition and how many Ohio districts and charter schools participate. Other area districts that have applied for the funds include Manchester, Dalton and Stow-Munroe Falls.
Here's some links to what people are thinking about Race to the Top:
Blogging at Education Week, Rick Hess worries that the substance of real school reform will get lost in the hype of the big announcement.
The Thomas B. Fordham Institute's Flypaper blog has been busy on Race to the Top. Here's one with some predictions by Andy Smarick with links to others.
The State of Ohio Education Blog has followed Ohio's application process.