NEF Offers $180 Million Matching Grant to Schools

ALEXANDRIA, Va., April, 9, 2009 — Dr. Appu Kuttan, Chairman of the National Education Foundation (NEF), the national nonprofit leader in bridging the digital and academic divides, announced today a nationwide $180 million matching grant initiative for schools.

With most states awash in red ink and with several states proposing to cut K-12 education funds, NEF is working to leverage a $1.8 billion dollar recently enacted Federal Stimulus program that permits states to allow disadvantaged school districts to borrow money at zero interest to support their critical needs.