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Race to the Top Funds Cut in Senate Bill
July 12, 2013

The U.S. Senate Committee on Appropriations passed a 2014 spending bill Thursday that largely reflects one approved two days earlier by the subcommittee that allocates funds for education, with one notable difference: the subcommittee’s version of the bill would have allocated $400 million to the Race to the Top program, while the full committee slashed that amount by $150 million.

Race to the Top, the Obama administration’s initiative focused on college affordability, was allocated $250 million in the Senate’s spending bill -- significantly lower than the $1 billion the administration requested for the program last year.

Funding for other education and research programs stayed the same in the full committee’s version of the bill. The bill allocates $850 million for the TRIO programs, which help low-income, first-generation college students prepare for postsecondary education. The bill also maintained the $31 billion provided to the National Institutes of Health, which would allow the NIH to allocate $40 million for the new brain research initiative. Under the bill, the total maximum Pell Grant would rise by $140 to $5,785.

 

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