53.6 Billion for the State Fiscal Stabilization Fund
This program includes $48 billion in block grants allocated among the states. Out of each state’s allocation, 81.8 percent is reserved for education and 18.2 percent is reserved for the governor to use as he or she sees fit. $39.5 billion for education using existing funding formulas, which can be used for preventing cutbacks, preventing layoffs, school modernization (school libraries will benefit from this), or other purposes and $8.8 billion for state fiscal relief for high-priority needs such as public safety and other critical services (including public libraries), renovation and repairs of public school facilities and institutions of higher education facilities. Encouraging state officials to invest the funds they receive from Congress in public and school libraries will be critical. It is also important to note that with the billions of dollars states are receiving, there should be no need for drastic state cutbacks in services.
Department of Education slide show on the guiding principles and funding availability for programs under ARRA
Education Recovery and Reinvestment Center includes a link to the draft application for the State Fiscal Stabilization Fund and information on the assurances
Library Construction and the American Recovery and Reinvestment Act (pdf)
New!
Summary of Approved State Applications (pdf)