Title 20 › Chapter CHAPTER 80— - STATE FISCAL STABILIZATION FUND › § 10007
The Secretary can set aside up to $650,000,000 from the money reserved under section 10001(c) to create an Innovation Fund. The Fund will give awards to recognize and spread proven school practices. An eligible entity is either a local educational agency (LEA) or a partnership that includes a nonprofit and one or more LEAs or a group of schools. Awards are meant to help successful programs expand, become models, and work with private companies and philanthropies. To get an award, an eligible entity must show it has closed student achievement gaps or raised achievement for all student groups named in section 6311(b)(2), have improved other outcomes like graduation rates or teacher and leader quality using real data, and have a private-sector partnership that will provide matching funds. If the eligible group includes a nonprofit with a record of improving student outcomes, that nonprofit can satisfy the achievement and matching requirements. The partner that handles the money may make subgrants to other partners.
Full Legal Text
Education — Source: USLM XML via OLRC
Legislative History
Reference
Citation
20 U.S.C. § 10007
Title 20 — Education
Last Updated
Apr 6, 2026
Release point: 119-73