Aspire Public Schools has earned nearly $12 million in grants for their innovations in teacher evaluations.
The money was awarded by the Teacher Incentive Fund, a program with the U.S. Department of Education that supports the development of performance-based pay systems.
Aspire will use the funding to expand its performance-based compensation system to all of its schools and teachers.
The grant is for the first two years of a five-year program. The project will cost more than $27 million and serve 29 schools. The objectives of the project are to improve teacher and principal effectiveness to improve student achievement, graduation rates and college readiness. The system provides incentives and additional compensation for teachers and principals who are found to be effective or better in evaluations, as well as those who take on additional responsibilities and leadership roles.