Mississippi Accepts $98 million in Federal Funding for Education

August 20th, 2010

The Office of the Governor announced Thursday that Mississippi would be applying for $98 million in Federal Funds from the recent educational stimulus package passed by the U.S. Congress. The decision to accept these funds not only saves 2,000 jobs across the state, it also supports the education of our children.

Initial concerns over the state’s ability to access the funds without having to find an additional $50 to $100 million from the budget turned out to be inaccurate. According to a statement released by the Office of the Governor, federal officials have issued an assurance that Mississippi meets the requirements to receive the funding.

Pulling down these important federal resources while implementing a balanced approach helps keep Mississippi’s economic recovery on track and will position the state for prosperity when good times return.