There has been more information released on the second round of the Microsoft settlement.
1) The most important part of the update is that the amount of money available per student is $65.89. This is not the final figure, but can be used by buildings to make out their budget and their application as far as hardware and software items that can be reimbursed. As with the first settlement, this is a voucher program, and eligible schools purchase products that are eligible, and then send in vouchers and receipts to be reimbursed. The spreadsheet of eligible -- and ineligible -- products.
2) Some of this funding can be spent on software, and some on hardware. The two categories of funding are software vouchers, and general purpose vouchers which encompass both hardware and some software products. The amount per student that can be spent via software vouchers is $46.18, and the amount that can be spent via general purpose vouchers is $19.71. Remember that the focus of this funding is to improve literacy at the elementary level.
3) Remember also that funding is based on the number of students in a K-6 building. If your building is, say, a K-4 building, and it has 50 students in each grade, for a total of 250 students, your Microsoft settlement funding will be based on 350 students (7 grades of 50 students apiece).
4) The window for applying is available between now and December 19, so if you haven't started planning for how to spend these funds, it's time to get going!
More information, including a list of eligible schools and the number of students funded in each building, is available on the Iowa DE webpage.
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