$500M TAACCCT Grant Awards Announced

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The U.S. Department of Labor announced $500 Million in community college grants to expand job training in fields such as Health Care, advanced manufacturing, transportation, as well as science, technology, engineering and mathematics (STEM).  (Emphasis my own!)

The $500M TAACCCT Grant

In a speech she gave on September 19, 2012, Secretary of Labor Hilda L. Solis explained that the money was being awarded to America’s community colleges to “train up our 21st century workforce [by] supporting schools that will work directly with companies to develop training programs that respond to the real needs of employers.”

Schools can use these funds to create “affordable training programs that meet industry needs, invest in staff and educational resources, and provide access to free, digital learning materials.”

Is your local community college on the list?

While just 54 grants were awarded, 297 schools will receive funding under this round of the Federal TAACCCT Grant program as either individuals, or as members of a consortium.

To see the 297 schools on the list, you can view the full News Release.

Is it too late to apply for TAACCCT funding?

If your school is located in one of the 25 states that did not receive an award in this round of funding, the answer is:  No, it may not be too late!

So far, $359,237,048 was awarded to consortia members, with another $78,262,952 awarded to individual institutions…  That leaves more than $62 Million of the $500 Million this year’s TAACCCT Grant allocation still available.  Since twenty-five states did not receive any funding in this round, the DOL said it would be working with these states to develop “qualifying $2.5 Million projects.”

There’s always next year… And the year after that!

When President Obama signed the Health Care and Education Reconciliation Act on March 30, 2010, a total of $2 Billion (with a “B”!) was allocated for the TAACCCT Grant program over four years.  That means that schools will have two more opportunities over the next two years to participate in the $1 Billion yet to be awarded.

If your college or workforce training program is participating in one of this year’s grants, or will be applying for TAACCCT money over the next two years, we may be able to help!  Please download a FREE WHITE PAPER on “How to Achieve TAACCCT Grant Success” with your health care education program.

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