Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Nithin Kamath explains difference between ‘direct’ and ‘regular’ mutual funds, urges investors to review plans
    • Equity mutual fund inflows rebound as investors raise lump-sum bets | Mutual Funds
    • ‘Disappeared or pivoted’: Nithin Kamath takes aim after Groww adds regular mutual fund option
    • Equity fund inflows jump 26% in June after May slowdown; mid and small cap funds lead – Mutual Funds News
    • Multi-cap funds make the most of market cycles – Mutual Funds News
    • 3 mutual fund mistakes that can cost investors more than a bad fund
    • ‘Can’t buy bonds, can’t sell stocks.’ Bank of America tells investors what they can do.
    • SIP+SWP strategy: How a Rs 1,000 monthly SIP can create a Rs 1 crore corpus and Rs 1 lakh monthly income – Money News
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Funds»Stevens Point school district set to receive federal education funds
    Funds

    Stevens Point school district set to receive federal education funds

    July 31, 2025



    As of July 30, SPAPSD had still not received its portion of funds as the Wisconsin Department of Public Instruction worked through its allocation process.

    STEVENS POINT – President Donald Trump’s administration announced it would release federal funds for school districts July 25, ending weeks of uncertainty and number-crunching by school district staff.

    Federal funds will begin to arrive at school districts the week of July 28, Madi Biedermann, a deputy assistant secretary for communications at the White House, said in an email received by USA TODAY.

    The White House’s Office of Management and Budget previously announced a hold on releasing the funds June 30, a day before districts nationwide expected to receive the funds, for a “review” of the purpose of the funds.

    “OMB has completed its review of Title I-C, Title II-A, Title III-A, and Title IV-A ESEA funds and Title II WIOA funds, and has directed the Department to release all formula funds,” Biedermann wrote, referencing sections of the 2015 Every Student Succeeds Act, which allocates the funds.

    Read more: When will Parker John’s BBQ & Pizza open in Stevens Point? Here’s the latest.

    Release of the federal money ends weeks of district time spent examining how funds are allocated.

    The return of funds school districts had already planned to include in their annual budget signals an end to weeks of district staff time devoted to tracking down where the funds are spent and what the impact of not receiving them might be.

    The Stevens Point Area Public School District initially faced an estimated $680,000 reduction in federal funding, Mike Kurtz, the district’s business services director, told a Stevens Point Journal reporter July 16.

    These congressionally allocated funds are intended for things like education for migratory children, class size reduction, before- and after-school care, English language acquisition, and other supplementary learning materials.

    A portion of the total funds used for before- and after-school care, also known as 21st Century Community Learning Centers, were announced to be released July 21. SPAPSD routed $317,000 of its total allocation for the 2024-25 school year to the Boys & Girls Club of Portage County to provide after-school care, according to Kurtz.

    A portion of these funds are also routed to private schools within the district, including Pacelli Catholic Schools, Stevens Point Christian Academy, The Roman Catholic Parish of Sacred Heart and St. Paul Lutheran Elementary School. These schools use these funds for teacher training and professional development workshops, Kurtz said.

    Read more: 3 potential buyers for Portage County Health Care Center have been revealed. What we know.

    Federal funds are a small portion of the Stevens Point Area Public School District’s budget but still have an impact.

    While the formerly frozen federal funds only make up a small percentage of SPAPSD’s more than $145 million budget, they still have an impact on district students, Kutz said.

    As of 3:40 p.m. July 30, Wisconsin Department of Public Instruction has received grant award notifications, or confirmation of allocation of funds, from the Department of Education, Chris Bucher, DPI interim director of communications, told a Stevens Point Journal reporter. The department’s legal team is currently reviewing the allocation prior to accepting the funds and further announcements regarding the funds will likely be made in upcoming days.

    Erik Pfantz covers local government and education in central Wisconsin for USA TODAY NETWORK – Wisconsin and values his background as a rural Wisconsinite. Contact him at epfantz@gannett.com.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Multi-cap funds make the most of market cycles – Mutual Funds News

    July 10, 2026

    SBI Funds IPO Explained: India’s biggest AMC has one advantage peers can’t match

    July 10, 2026

    One nation, one KYC could unlock the next phase of mutual fund growth, says SBI Funds

    July 9, 2026
    Leave A Reply Cancel Reply

    Top Posts

    The Shifting Landscape of Art Investment and the Rise of Accessibility: The London Art Exchange

    September 11, 2023

    Multi-cap funds make the most of market cycles – Mutual Funds News

    July 10, 2026

    Charlie Cobham: The Art Broker Extraordinaire Maximizing Returns for High Net Worth Clients

    February 12, 2024

    The Unyielding Resilience of the Art Market: A Historical and Contemporary Perspective

    November 19, 2023
    Don't Miss
    Mutual Funds

    Nithin Kamath explains difference between ‘direct’ and ‘regular’ mutual funds, urges investors to review plans

    July 10, 2026

    Zerodha co-founder Nithin Kamath has defended his organisation’s long-standing preference for ‘direct mutual funds’, saying…

    Equity mutual fund inflows rebound as investors raise lump-sum bets | Mutual Funds

    July 10, 2026

    ‘Disappeared or pivoted’: Nithin Kamath takes aim after Groww adds regular mutual fund option

    July 10, 2026

    Equity fund inflows jump 26% in June after May slowdown; mid and small cap funds lead – Mutual Funds News

    July 10, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Retail investors pull £1.8bn from UK funds

    October 3, 2025

    ABP pulls more US bonds, largest share of fund now in Europe

    July 6, 2026

    The Biggest SIP Mistake Isn’t Stopping During a Market Crash; It Begins on Day One – Money News

    June 22, 2026
    Our Picks

    Nithin Kamath explains difference between ‘direct’ and ‘regular’ mutual funds, urges investors to review plans

    July 10, 2026

    Equity mutual fund inflows rebound as investors raise lump-sum bets | Mutual Funds

    July 10, 2026

    ‘Disappeared or pivoted’: Nithin Kamath takes aim after Groww adds regular mutual fund option

    July 10, 2026
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    ₹9000 monthly SIP can help you retire at 45 with ₹2 lakh monthly pension

    May 5, 2026
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.