Impact aid program, title VII, section 7003

The Department of Education Office of Elementary and Secondary Education awarded Akron Board of Education (doing business as Akron Public Schools) $106,437 on October 1, 2025, under the Impact Aid program (CFDA 84.041, Title VII, Section 7003). The award runs through September 30, 2031, and covers performance in Akron, Ohio. Section 7003 of Impact Aid provides financial assistance to school districts where at least three percent or 400 of the total number of eligible federally connected children in average daily attendance live on Federal property, including Indian lands, and/or have a parent who works on Federal property or is on active duty in the uniformed services. The funding replaces lost local revenue that would otherwise support education of these children, because Federal property is exempt from local property taxes. Payments are computed on the basis of the statutory formula and made annually to eligible local educational agencies. This is a Project Grant.