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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.]
WestEd. 730 Harrison Street, San Francisco, CA 94107-1242. Tel: 877-493-7833; Tel: 415-565-3000; Fax: 415-565-3012; Web site: http://www.wested.org
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