Federal Teacher Incentive Fund Awards More than $31 Million to Aid Charter Schools

More than $31 million was awarded by the U.S. Department of Education under its 2012 Teacher Incentive Fund to help charter school organizations to “improve pay structures, reward great teachers and principals and provide greater professional opportunities to teachers in high-poverty schools,” the Department announced September 27, 2012.

The grants were among 35 totaling about $290 million that the Department stated will serve nearly 1,000 schools in 150 urban, suburban and rural school districts in 18 states. The award amounts represent the first two years of funding over the 5-year grant period.