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Equal Opportunities for Children: Changes in School Funding

This act changes how schools receive federal funds to better support students from low-income families. It aims to ensure that smaller schools with a high percentage of needy students receive fairer financial support, potentially improving education quality for all children.
Key points
Modifies how school grants are calculated to better support those with a high percentage of low-income students.
Eliminates a system that favored very large school districts, even if they had a low percentage of needy students.
Starting from fiscal year 2024, funds will be allocated primarily based on the percentage of low-income students, not their total number.
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Additional Information
ACE Act
Print number: HR 4565
Sponsor: Rep. Thompson, Glenn [R-PA-15]
Process start date: 2023-07-11