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Teacher Incentive Fund. 2006 to 2012: approx. $1.8 billion awarded for 131 TIF grants (4 cohorts) LEAs, SEAs*, non-profits* (*partnering with LEAs) Purpose:

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Presentation on theme: "Teacher Incentive Fund. 2006 to 2012: approx. $1.8 billion awarded for 131 TIF grants (4 cohorts) LEAs, SEAs*, non-profits* (*partnering with LEAs) Purpose:"— Presentation transcript:

1 Teacher Incentive Fund

2 2006 to 2012: approx. $1.8 billion awarded for 131 TIF grants (4 cohorts) LEAs, SEAs*, non-profits* (*partnering with LEAs) Purpose: to evaluate educators based on a multiple measure evaluation system, including student growth and design a pay-for-performance bonus or compensation system that rewards effective and highly effective teachers 2010 and 2012 the grants included career ladder options Teacher Incentive Fund Background 2

3 33 Teacher Incentive Fund (TIF) grantees in first two cohorts: Cohort 1 (2006) = 15; Cohort 2 (2007) = 18. Cohort 3 (2010): Competition held under a new NFP. FY10 allocation $303,829,939, ARRA allocation $143,677,651. Two Competitions: Main and Evaluation. 51 main TIF grantees and 11 evaluation TIF grantees. Cohort 4 (2012): Competition held under a new NFP. FY12 allocation: $299,443,000 Two Competitions: General and STEM 29 General TIF grantees and 6 STEM TIF grantees. Teacher Incentive Fund History 3

4 Improve teacher and principal effectiveness by ‒attracting and retaining effective educators. ‒Improving professional development and support for educators Increase sustainability and impact by embedding performance- based compensation systems (PBCS) into LEA-wide human capital management systems (HCMS). Increase flexibility to tailor PBCS to local context. Improve the effectiveness of Science, Technology, Engineering and Mathematics (STEM) teaching and learning. TIF 4 Guiding Principles 4

5 37 States Served by TIF 1-4 Funds* * Fiscal agents are not necessarily based in the states they serve.


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