The U.S. Department of Education on Monday announced it plans to invest $500 million in charter school grants during this fiscal year. Grants will flow through the federal Charter Schools Program and will be redirected from other programs. According to the Department, this investment in CSP is the largest on record.
Here’s more from the Department of Education’s release:
Today, the U.S. Department of Education (the Department) announced that it is making historic investments in charter schools, American history and civics programs, Historically Black Colleges and Universities (HBCUs), and Tribally Controlled Colleges and Universities (TCCUs). These investments will be repurposed from programs that the Department determined are not in the best interest of students and families. The Department is using existing flexibilities in discretionary grant programs to advance President Trump’s priorities and targeting resources toward the most effective interventions to bolster educational outcomes.
Following the release of the 2024 National Assessment of Educational Progress scores, which showed dismal educational outcomes across the nation, the Department plans to award grants totaling $500 million for charter schools to support education choice in fiscal year 2025. This marks the largest investment ever in the Charter Schools Program and fulfills a commitment the Department made earlier this year.
Read the news release from the Department of Education. See more from Fox News, the New York Times, and USA Today.
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