Pre-K for Kids Act: Grants for Low-Cost Early Education and Better Outcomes.
This Act establishes a competitive federal grant program to help states provide free or reduced-cost pre-kindergarten services for 3- and 4-year-olds from low-income families (up to 250% of the poverty line). The funding mechanism requires an innovative public-private partnership where private investors provide capital, and local governments repay them only if the program achieves measurable positive educational outcomes and long-term fiscal savings for the community. The goal is to improve school readiness and reduce financial burdens on parents.
Key points
Increased access to free or low-cost pre-kindergarten for 3- and 4-year-olds from families earning up to 250% of the Federal poverty line.
Programs must use an innovative financing model where private investors fund services, and repayment is contingent upon achieving proven educational success and local government savings.
Focus on high-quality programs that demonstrate positive educational outcomes and are likely to reduce future education costs for local communities over a 10-year period.
Expired
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