Recently, the Department of Education awarded $442 million in Teacher Incentive grants. Supported by the $1.2 billion dollar Teacher Incentive Fund(TIF), this opportunity aims to fund efforts to develop and implement performance-based teacher and principal compensation systems in high-need schools. The 62 grantees announced last week represent non-profits, local education agencies, and both rural and urban school districts. Over the next two years, a number of school districts will use funds to reward teacher excellence. In Colorado, the Colorado Springs School District 11 will use $15 million over five years to implement a performance-based compensation system to reward teachers and principals based on their effectiveness at improving student achievement at ten high-need schools.
A complete list of TIF grantees can be found here.
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