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The money comes from the State FiscalStabilization Fund, which was created under the stimulus bill. The moneyu will be used to improvse and monitorpublic education, and Colorad o will collect and publish information on teachedr quality, student improvements, college readiness and interventions with underperforming schools in The state can applyu for the remaining $251 milliomn for which it is eligible in the fall. That $760 millionh combines with $270 million in recover funding that Colorado is expected to get under existing federal education formulas tototapl $1.
3 billion in stimulusx education funding for the State leaders have gotten anotherf $140 million in funding for disablesd or underprivileged students so far, and they are expecteed to apply for some of the $4.3 5 billion being offered for education reform investment in the Race to the Top “By spending the money we can preserve critical ensure that more kids graduate from high school fully preparee to succeed in college and the workforce and further strengthen Colorado’s competitive position in the global economy,” U.S. Rep. Jarex Polis, D-Colo.
, said in announcing the money in a news Colorado has specified that atleast $452 milliomn of the stabilization-fund money will go to public colleges and universities while at least $170 million will go to public
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