Grants Clock Update: Nearly $2 billion in grants allocated to Michigan school districts so far this fiscal year
Launch Michigan, a nonprofit dedicated to reinventing Michigan’s public education system, today announced updates to its Grants Clock, a new tool designed to provide transparency regarding the public school grant distribution process and hold the state accountable for the efficient distribution of funds for classrooms.
As of November 5, 2024, more than half ($1.99 billion) of the $3.8 billion in grants Launch Michigan is tracking for the current fiscal year have been allocated.
$12.3 million of $275 million in competitive grants have been allocated.
$1.03 billion of $2.3 billion in formula grants have been allocated.
$946 million of $1 billion in reimbursement grants have been allocated.
The Grants Clock provides updates on the status of each grant, tracking key metrics such as the total amount available, the number of days since the funds became available, and the percentage of funds that have been distributed.
In addition to tracking the distribution of funds, Launch Michigan has put forward several recommendations to streamline the grant process. These include prioritizing grants with the most direct impact on students, simplifying the application system by connecting it to existing district platforms, providing additional funding for the Michigan Department of Education to hire necessary staff and update IT systems, and partnering with organizations that can provide technical assistance to districts.
For more information about the Grants Clock and to track the latest updates on education grant distributions, visit www.launchmichigan.org/grants-clock.
