Perkins IV gives recipients the opportunity to create a reserve fund to be used for new and innovative programs. The reserve fund represents an opportunity for states to exercise their leadership in directing funds to the program areas in their state with significant need, or areas that can introduce real innovation in CTE.
NASDCTEc has authored Innovative Uses of Perkins Reserve Fund, an issue brief that provides a history of the Perkins reserve fund, explains how it may be used, and highlights examples from several states – Tennessee, Maine, Maryland, South Dakota, and Kansas – that show the different ways in which the reserve fund can be tailored to meet state and local needs.
You can access a copy of the brief here.
Tags: funding, Issue brief, Perkins