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News Link • Government Grants
US Schools In Mad Dash To Spend COVID Cash As Deadline Looms
• Zero HedgeSchool districts across the country are in a mad dash to spend their remaining post-COVID relief grant money, or they have to return it to the US Treasury.
The $122 billion program aimed at boosting learning recovery in the wake of the pandemic expires Sept. 30, leaving just 30 days.
According to Georgetown University's Edunomics lab, which tracks how the American Rescue Plan Elementary and Secondary School Emergency Relief (ESSER) funds have been spent, nine districts have yet to submit more than $30 million of previously granted funds for reimbursement.