Impact aid program, title VII, section 7002

The Department of Education Office of Elementary and Secondary Education awarded Princeton Independent School District $459,580 on October 1, 2025, under the Impact Aid Program, Title VII, Section 7002 (CFDA 84.041).

Princeton ISD, located in Princeton, Texas, receives this project grant to offset the loss of local tax revenue resulting from federal acquisition of real property within the district. The funding supports the district's comprehensive K-12 educational services, including general instruction, special education, English language learning programs, career and technical education, and student support services. The award covers the six-year period from October 1, 2025, through September 30, 2031.

The Impact Aid program provides financial assistance to local educational agencies where the federal government's tax-exempt property holdings reduce the district's property tax base. Payments are computed on a statutory formula basis and made annually to eligible districts. Princeton ISD qualifies under Section 7002, which requires that at least 10 percent of the assessed valuation of real property in the school district has been acquired by the federal government since 1938 and that the district is not receiving substantial compensation from activities on the eligible federal property.