Earlier this week, the Department of Education released revised estimates of state Perkins allocations for FY 2012 (July 2012 and October 2012 distributions). These new estimates replace state allocations originally sent to states on April 9 due to administrative errors that were discovered in the original estimates. Approximately half of states received a different allocation (either higher or lower) in this new estimate.
If you, as a local Perkins recipient, had already received your estimated allocation for the 2012-2013 school year, you may be receiving a revised allocation from your state to use as you prepare your budget for next year. If your state had not yet issued local allocations or if your overall state allocation did not change, you will likely notice no impact of this revision.
It is important to note that this is not related to funding for this school year, to any change to the overall Perkins allocation, or to any reduction of funds available for the coming school year. It is merely a re-estimation of the funds available to each state based on the federal-to-state formula and the most recent population and per capita income information available. If you have any questions, please contact me at [email protected].
Comments