{"id":5014,"date":"2022-06-23T16:11:59","date_gmt":"2022-06-23T16:11:59","guid":{"rendered":"https:\/\/agile-ed.com\/?p=5014"},"modified":"2023-11-06T13:22:32","modified_gmt":"2023-11-06T20:22:32","slug":"2023-educational-funding","status":"publish","type":"post","link":"https:\/\/agile-ed.com\/resources\/2023-educational-funding\/","title":{"rendered":"2023 Educational Funding"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">2023 Educational Funding<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">2023 Educational Funding budget request:\u00a0<\/span><\/h3>\n\n\n\n<p><span data-preserver-spaces=\"true\">In 2022, the budget request made investments in American education through the American Rescue Plan. This trend will continue into 2023, with more attention given to the apparent inequalities of students. The gap has only been widened because of the COVID-19 pandemic and the transitions that became necessary. In general, the fiscal year budget asked for $88.3 billion. This is an increase of the 2022 budget request by 20.9%.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">According to the&nbsp;<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www2.ed.gov\/about\/overview\/budget\/budget23\/summary\/23summary.pdf\" target=\"_blank\" rel=\"noopener\"><strong><span data-preserver-spaces=\"true\">Biden Administration\u2019s budget proposal<\/span><\/strong><\/a><span data-preserver-spaces=\"true\"><strong>,<\/strong> they strive to \u201cincrease aid for schools with high-poverty rates; helping meet the needs of students with disabilities, and expanding access to higher education and increasing college completion.\u201d&nbsp;<\/span><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">K-12 education budget allocation&nbsp;<\/span><\/h3>\n\n\n\n<p><span data-preserver-spaces=\"true\">Regarding K-12 education, some investments are being proposed that would specifically target schools and administrations with high poverty rates. These budget increases would be historically high for this demographic. The Budget includes \u201c$20.5 billion in discretionary funding and $16 billion in mandatory funding.\u201d\u00a0<\/span><\/p>\n\n\n\n<figure class=\"wp-block-image alignleft size-full is-resized\"><img fetchpriority=\"high\" decoding=\"async\" width=\"400\" height=\"400\" src=\"https:\/\/agile-ed.com\/wp-content\/uploads\/2023\/10\/x-0-0-0-14035643-400.jpg\" alt=\"\" class=\"wp-image-10999\" style=\"aspect-ratio:1;width:453px;height:auto\" srcset=\"https:\/\/agile-ed.com\/wp-content\/uploads\/2023\/10\/x-0-0-0-14035643-400.jpg 400w, https:\/\/agile-ed.com\/wp-content\/uploads\/2023\/10\/x-0-0-0-14035643-400-300x300.jpg 300w, https:\/\/agile-ed.com\/wp-content\/uploads\/2023\/10\/x-0-0-0-14035643-400-150x150.jpg 150w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/figure>\n\n\n\n<p><span data-preserver-spaces=\"true\">Discretionary funding means that the school or district can decide how to use the funding or if they even need it. On the other hand, mandatory funding is money that goes directly to the school either way. The combined Budget increases double the amount that was previously allocated. The money comes to the schools and&nbsp;<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.google.com\/search?q=what+is+title+i+in+education&amp;oq=waht+is+title+i+in+&amp;aqs=chrome.1.69i57j0i13l2j0i390l4.7478j0j7&amp;sourceid=chrome&amp;ie=UTF-8#:~:text=Title%20I%2C%20Part,%E2%80%BA%20programs%20%E2%80%BA%20titleiparta\" target=\"_blank\" rel=\"noopener\"><strong><span data-preserver-spaces=\"true\">$36.5 billion for Title I<\/span><\/strong><\/a><span data-preserver-spaces=\"true\"><strong>.<\/strong> This program helps \u201cdisadvantaged students meet state academic content and performance standards.\u201d&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">Here are the main focuses that the Budget hopes to address by increasing the funding:<\/span><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><span data-preserver-spaces=\"true\">Health and well-being are a priority&nbsp;<\/span><\/li>\n\n\n\n<li><span data-preserver-spaces=\"true\">More support for students with disabilities<\/span><\/li>\n\n\n\n<li><span data-preserver-spaces=\"true\">Increase funding for full-service community schools&nbsp;<\/span><\/li>\n\n\n\n<li><span data-preserver-spaces=\"true\">More attention to hiring good educators&nbsp;<\/span><\/li>\n\n\n\n<li><span data-preserver-spaces=\"true\">Retaining teachers and administrators<\/span><\/li>\n\n\n\n<li><span data-preserver-spaces=\"true\">Support for students who are learning English as a second language<\/span><\/li>\n<\/ul>\n\n\n\n<p><span data-preserver-spaces=\"true\">Beyond this, the Biden Administration strives to increase high school graduation rates and transition to postsecondary education.<\/span><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">Finding higher education\u00a0<\/span><\/h3>\n\n\n\n<p><span data-preserver-spaces=\"true\">Anyone connected to the education system in America knows that college and university tuition rates are notoriously high. One of the commitments the Biden Administration hopes to keep is to make post-secondary education more affordable. For example, \u201cthe Budget would increase<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">the maximum Pell Grant by $2,175. This would hopefully decrease the financial barrier some students face when getting a higher education.\u201d&nbsp;<\/span><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">Additional boosts in funding\u00a0<\/span><\/h3>\n\n\n\n<p><span data-preserver-spaces=\"true\">There is also attention given to more niche areas that have been previously left out of the Budget.&nbsp;<\/span><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\"><strong>Diversity\u00a0<\/strong><\/span><\/h3>\n\n\n\n<p><span data-preserver-spaces=\"true\">While there was previously some funding for diverse schools, more money is being allocated to fostering these educational systems. For example, in the 2023 budget proposal, \u201c$100 million for a grant program to help communities voluntarily develop and implement strategies to promote racial and socioeconomic diversity in their schools and classrooms.\u201d<\/span><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">Funding specific universities\u00a0<\/span><\/h3>\n\n\n\n<p><span data-preserver-spaces=\"true\">The budget proposal offers additional funding for Historically Black Colleges and Universities (HBCUs), Minority Serving Institutions (MSIs), and Tribal Colleges and universities (TCUs). These schools and universities are often underfunded and have a lower capacity due to a lack of resources. In 2023, the proposal has increased by $752 million.&nbsp;<\/span><\/p>\n\n\n\n<figure class=\"wp-block-image alignleft is-resized\"><a href=\"https:\/\/imgbb.com\/\"><img decoding=\"async\" data-src=\"https:\/\/i.ibb.co\/Gvkv8mh\/x-0-0-0-14062768-400.jpg\" alt=\"Book with education funds can with money inside.\" style=\"aspect-ratio:1.4981273408239701;width:517px;height:auto\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\" \/><\/a><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">Addressing student debt\u00a0<\/span><\/h3>\n\n\n\n<p><span data-preserver-spaces=\"true\">Student debt has been burdening students for decades at this point. As of 2022, student loan debt is about&nbsp;<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.forbes.com\/sites\/zackfriedman\/2022\/05\/16\/student-loan-debt-statistics-in-2022-a-record-17-trillion\/\" target=\"_blank\" rel=\"noopener\"><strong><span data-preserver-spaces=\"true\">$1.7 trillion<\/span><\/strong><\/a><span data-preserver-spaces=\"true\"><strong>,<\/strong> according to the most recent statistics. The Budget offers $2.65 billion to the Department of Education\u2019s Office of Federal Student Aid (FSA). This is also a notable increase from the 2022 budget.&nbsp;<\/span><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">Increase the skilled workforce&nbsp;<\/span><\/h3>\n\n\n\n<p><span data-preserver-spaces=\"true\">A well-educated workforce is beneficial in the long term and boosts the overall economy. This was taken into consideration when creating the 2023 budget proposal. There is specific attention to skilled laborers, technical training, and career expansions. This includes more funding for adult education.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\"><strong>Here are more components of the budget proposal that will impact educators and students:<\/strong><\/span><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><span data-preserver-spaces=\"true\">$1.1 billion for English Language Acquisition State Grants<\/span><\/li>\n\n\n\n<li><span data-preserver-spaces=\"true\">$161 million for ED\u2019s Office for Civil Rights<\/span><\/li>\n\n\n\n<li><span data-preserver-spaces=\"true\">$1 billion for a new School-Based Health Professionals program&nbsp;<\/span><\/li>\n\n\n\n<li><span data-preserver-spaces=\"true\">$132.1 million for Teacher Quality Partnerships<\/span><\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">An overall increase in federal support&nbsp;<\/span><\/h3>\n\n\n\n<p><span data-preserver-spaces=\"true\">The federal government has severely increased its support for education funding. This includes education attention from birth through college. The government is focusing on&nbsp;<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.ed.gov\/news\/speeches\/statement-miguel-cardona-secretary-education-us-department-education-fiscal-year-2023-budget-request#:~:text=DEPARTMENT%20OF%20EDUCATION%20FUNDING%20LEVELS\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\"><strong>five core themes<\/strong><\/span><\/a><span data-preserver-spaces=\"true\">&nbsp;throughout their budget creation:<\/span><\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><span data-preserver-spaces=\"true\">Supporting students through pandemic response and recovery over the long term<\/span><\/li>\n\n\n\n<li><span data-preserver-spaces=\"true\">Address opportunity and achievement gaps<\/span><\/li>\n\n\n\n<li><span data-preserver-spaces=\"true\">Supporting a talented and diverse educator workforce<\/span><\/li>\n\n\n\n<li><span data-preserver-spaces=\"true\">Making higher education inclusive and affordable&nbsp;<\/span><\/li>\n\n\n\n<li><span data-preserver-spaces=\"true\">Building pathways through postsecondary education that leads to successful careers&nbsp;<\/span><\/li>\n<\/ol>\n\n\n\n<h3 class=\"wp-block-heading\"><strong><span data-preserver-spaces=\"true\"><a href=\"https:\/\/mktg.agile-ed.com\/Contact-Us-2022Landing-Page\" target=\"_blank\" rel=\"noopener\" title=\"\">Reach out to Agile Education Marketing today<\/a> to learn how to best use new funding sources to close educational gaps.<\/span><\/strong><\/h3>\n","protected":false},"excerpt":{"rendered":"<p>2023 Educational Funding 2023 Educational Funding budget request:\u00a0 In 2022, the budget request made investments in American education through the American Rescue Plan. This trend will continue into 2023, with more attention given to the apparent inequalities of students. The gap has only been widened because of the COVID-19 pandemic and the transitions that became [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":5336,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","om_disable_all_campaigns":true,"footnotes":""},"categories":[8,2164,5,15],"tags":[],"class_list":["post-5014","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-knowledge-center","category-popular","category-education-sales-and-marketing-resources","category-tools-you-can-use"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/agile-ed.com\/wp-json\/wp\/v2\/posts\/5014","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/agile-ed.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/agile-ed.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/agile-ed.com\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/agile-ed.com\/wp-json\/wp\/v2\/comments?post=5014"}],"version-history":[{"count":0,"href":"https:\/\/agile-ed.com\/wp-json\/wp\/v2\/posts\/5014\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/agile-ed.com\/wp-json\/wp\/v2\/media\/5336"}],"wp:attachment":[{"href":"https:\/\/agile-ed.com\/wp-json\/wp\/v2\/media?parent=5014"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/agile-ed.com\/wp-json\/wp\/v2\/categories?post=5014"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/agile-ed.com\/wp-json\/wp\/v2\/tags?post=5014"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}