Impact aid program, title VII, section 7002

The Department of Education Office of Elementary and Secondary Education awarded Hatboro-Horsham School District $734,797 on October 1, 2025, under the Impact Aid Program, Title VII, Section 7002 (CFDA 84.041), a Project Grant providing financial assistance to local educational agencies affected by Federal acquisition of real property that reduces the tax base available for education funding.

The award funds K-12 educational programming and targeted academic initiatives for the district's approximately 4,300 students across its educational system in Horsham, Pennsylvania. The performance period extends from October 1, 2025, through September 30, 2031. Under Section 7002, Impact Aid assists districts where the Federal Government has acquired an aggregate of 10 percent or more of assessed real property valuation since 1938 and the district is not being substantially compensated by revenue from activities on the eligible Federal property. Payments are computed on the basis of a statutory formula and made annually to eligible LEAs. The district must retain records supporting the payment amount for three years after the last payment for a fiscal year.