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SLD Commits $640 Million in Advance of Funding Year

The latest round of funding decisions for FY 2008 brings the total committed to just over $640 million.  This week's wave is the ninth since the SLD began issuing funding commitments for FY 2008 on May 1 and brings with it $26.5 million in funding decisions for 822 applicants. According to an analysis by Funds For Learning, this is the most funding that has been committed prior to the start of a funding year in recent years.

This week, the SLD also issued funding commitments for the 2007 funding year totaling $34.5 million. In this wave, 39 applicants were notified of funding decisions for the year, which ends on June 30.

To learn more about these funding waves, visit the Funds For Learning Wave Repository


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