New York is finalist for federal school grants

By By the Associated Press

ALBANY, N.Y. (AP) - A federal document obtained by The Associated Press says New York will soon be named a finalist for a "Race to the Top" education grant that could bring $500 million to the cash-strapped state.

The document from the federal Education Department to New York officials states New York will be one of the finalists in the second round of grants designed to improve instruction in public schools. The document says the announcement will be made at 1 p.m. in Washington.

New York was a finalist in the first round, but failed to get what was then estimated to be as much $700 million. That was before the Legislature agreed to improve the state's chances for the competitive grant by expanding opportunities to open more charter schools in the state.

(Copyright 2010 by The Associated Press. All Rights Reserved.)

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