Education Jobs Fund Includes New Funding, Requirements
The ARRA FMAP Extension and Education Jobs Fund package (P.L. 111-226) was signed into law on August 10, 2010. The law provides $10 billion for the Education Jobs Fund (Ed Jobs), a new program designed to save or create education-related jobs during the coming school year. Governors must submit applications for funding by September 9, 2010. Ed Jobs is modeled after ARRA’s State Fiscal Stabilization Fund (SFSF), but varies significantly. This brief provides information on the program’s maintenance of effort (MOE) provisions, application process, and other requirements.