Thirty-Five States, D.C. Vie for "Race To The Top" Education Funding

Thirty-five states and the District of Columbia applied for the second phase of the Race to the Top federal education competition as the application deadline passed Tuesday night.

The states are hoping to win a piece of the $3.4 billion available under President Barack Obama’s signature education initiative.

Race to the Top aims to spur innovation by rewarding states that promote charter schools, tie teacher pay to student achievement and intervene in low-performing schools.

By STEPHANIE BANCHERO

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