On Aug. 25, the New Jersey Department of Education (NJDOE) announced that it is now accepting applications from school districts for stabilization aid grants.
In the fiscal year 2021-2022 state budget, some $50 million was included in stabilization aid grants to assist districts that are adjusting to new funding levels as determined by the school funding reform measure enacted in 2018. Districts that experienced a reduction in state aid; or face a structural budgetary imbalance may apply for stabilization aid. The fiscal year Appropriations Act also provides for stabilization aid to military-impacted districts if certain criteria are met.
Additionally, NJDOE is making Education Rescue Grants available to any district that saw a reduction in teaching staff in 2021-2022 and are to be used to rehire or retrain teaching staff. Any district that meets this criteria is eligible to apply, regardless of that district’s status under S-2.
More information on both grants can be found here.