State Misses Out On "Race To The Top" Funds
By Marcus Gilmer in News on Mar 29, 2010 4:40PM
The U.S. Department of Education has announced the recipients of its first round of "Race to the Top" funding and despite being a finalist, the state of Illinois didn't hit the jackpot this time around. In fact, only two states from a list of 16 finalists - Tennessee and Delaware - received funding. Overall, 40 states applied for the first round of funding which comes from a pool of $4.35 billion. Another round will be awarded this summer.