Nearly 2,500 applications are expected for i3 grants

Close to 2,500 nonprofit groups, schools and districts have notified the Education Department that they will be seeking a portion of the $650 million set aside for federal Investing in Innovation, or i3, grants. The grants are designed to stimulate the development of creative fixes to four of the Obama administration's top priorities for schools: new standards and assessments; turning around low-performing schools; improved data systems; and increasing teacher and principal effectiveness.

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