Impact aid program, title VII, section 7003

The Department of Education Office of Elementary and Secondary Education awarded $280,377 to Fairbanks North Star Borough School District on October 1, 2025, under the Impact Aid program (CFDA 84.041, Title VII, Section 7003).

The award supports financial assistance to the school district to offset revenue loss resulting from the presence of federally connected children—those living on Federal property or with a parent employed on Federal property or on active duty in the uniformed services—whose families' property is exempt from local taxation. The district qualifies under Section 7003, which provides assistance where at least three percent or 400 of the total number of eligible federally connected children in average daily attendance live on or have employment connections to Federal property.

Fairbanks North Star Borough School District, a local government educational agency serving approximately 12,631 students across 33–35 schools in Fairbanks, Alaska, receives this funding to replace lost local revenue that would otherwise finance education. The period of performance runs through September 30, 2031. Payments are made annually to eligible LEAs and computed on the basis of the statutory formula, prorated if appropriations are insufficient.