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Investment Capital Fund

 

Purpose

**Note: The budget for this grant program has expired and is no longer funded.**

The primary objective of this grant program is to improve academic performance through the following program goals:

  • Train school staff, parents, and community leaders to understand academic standards
  • Develop and implement effective strategies to improve student performance
  • Organize a large constituency of parents and community leaders who will hold the school and school district accountable for achieving high academic standards
  • Engage in ongoing planning to help ensure the success of the grant program school day.

Dropout Prevention Strategies

The Texas Education Agency focuses state and federal resources on identifying and replicating proven strategies for dropout prevention and recovery. The Investment Capital Fund grant provides funding for targeted academic support to address skill gaps and enrich the learning environment for students who are off-track and struggling.

Eligibility

Public school districts and open-enrollment charter schools that are in need of Training and Technical Assistance (TAT) or are rated Academically Unacceptable (AU) in the 2009 final state accountability ratings for schools were encouraged to apply.

Performance

Cycle 19 project period ended August 31, 2011.

Cycle 18 project period ended August 31, 2010.

Cycle 17 project period ended August 31, 2009. Data from the 90 campuses served revealed that 52% of the students in the schools served passed all portions of the TAKS test.

Funding Information

Cycle 19

  • FY2010 - Year 1 Planning Phase (April 1, 2010 - October 31, 2010) - $2,400,000
  • FY2011 - Year 2 Implementation Phase (November 1, 2010 - August 31, 2011) - $2,400,000 
  • FY2012 - Not Funded* Year 3 Implementation Phase
  • FY2013 - Not Funded* Year 4 Implementation, Sustainability and Evaluation phase

* Funding for FY 2012 and FY 2013 was not allocated by the Texas Legislature.

Awards

 Laws and Rules

  • General Appropriations Act, Article III, Rider 50, 2009
  • Texas Education Code §7.024

Resources

Contacts

Division of Federal and State Education Policy 
Program Manager: Liza Lorenzi
512.936.6060 

Page last modified on 4/17/2013.


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