ERIC Number: ED615945
Record Type: Non-Journal
Publication Date: 2021-Jul
Pages: 13
Abstractor: ERIC
ISBN: N/A
ISSN: N/A
EISSN: N/A
Available Date: N/A
Three Strategies for Investing One-Time Federal Relief Aid to Make a Lasting Difference: Sustainable Financing of Education Innovations. Federal Relief Aid Series. Brief 3
Willis, Jason; Krausen, Kelsey; McClellan, Patrick
WestEd
The COVID-19 pandemic offers an opportunity to reconsider the approach and delivery of public education. With a large infusion of one-time federal relief aid and a depth of need among students most impacted by the COVID-19 pandemic that the system is still trying to understand, state and local education leaders will need to plan for both (1) short-term investments to accelerate learning and address student well-being and (2) long-term structural changes to the education system. To ensure that the quality of the U.S. education system continues to improve even after the one-time federal aid is gone, education leaders will want to consider how to use one-time funding strategically in a way that fuels ongoing improvement in student outcomes for years to come. This brief provides an overview of three strategies for planning for sustainability, or long-term improvements in local and state education systems, when investing one-time federal funds. The strategies include: (1) segmenting or organizing investments; (2) prioritizing investments with long-term returns on student outcomes and future cost savings; and (3) modeling investments over the next few years. [For Brief 2, "Adapting a Cardinal Rule of Finance: Five Strategies for Using One-Time Federal Funding on School Staffing," see ED615944.]
Descriptors: Educational Finance, Federal Aid, Federal Legislation, COVID-19, Pandemics, Kindergarten, Elementary Secondary Education, Educational Planning, Sustainability, Acceleration (Education), Well Being, Student Needs, Money Management, Expenditures, Decision Making, Educational Change, Educational Improvement, Outcomes of Education, Costs, Educational Quality, Educational Facilities Improvement, Strategic Planning, Computer Networks, Intervention, Capacity Building, Partnerships in Education
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Publication Type: Reports - Descriptive
Education Level: Early Childhood Education; Elementary Education; Kindergarten; Primary Education; Elementary Secondary Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: WestEd
Identifiers - Laws, Policies, & Programs: Coronavirus Aid Relief and Economic Security Act 2020
Grant or Contract Numbers: N/A
Author Affiliations: N/A