Hello everyone!
Welcome to the third issue of the Impact Aid Director’s Quarterly Update. The Impact Aid program team is thrilled to announce that we will be closing out the fiscal year (FY) 2024 in the coming weeks. This marks the first time in the program’s history that final payments will be processed within the same fiscal year, a milestone made possible in part by the diligent work of our payment team, who are featured below.
As of today, the team has completed 76% of initial monitoring reviews for FY 2025. We are on track to be ready to make initial payments for FY 2025, pending a full appropriation on October 1, 2024, and final payments by Spring 2025.
As you wrap up the school year, we encourage you to read through the best practice tips and upcoming technical assistance opportunities listed below. Our goal is to ensure a successful application season for FY 2026!
Funding Updates
We have released all section 7003(b) Basic Support payments at 100% of Prorated LOT; and section 7003 (d) Payments for Children with Disabilities at a rate of $1,200 per Weighted Student Unit. Section 7002 local educational agencies (LEAs) have received their foundation . We also made the final section 7007 formula construction payments for FY 2024 in May.
We plan on releasing final FY 2024 payments for both 7002 and 7003 later in June. If you are concerned about receiving unplanned funds late in your fiscal year, you can request a payment block in the Impact Aid Grant System (IAGS). Once you’ve signed in, scroll to the bottom of your Home page to find the new Batched Payments section. Click the $ button on the top right of the box to go to your LEA’s full Payment History page. Then, click the Request Payment Block button on the top right of the Payment History page to start the payment block process.
| FY 2024 Final Appropriation | FY 2024 Distributions as of 5/30/24 | |
| Basic Support | $1,474,000,000 | $1,336,980,780.00 |
| Federal Property | $79,000,000 | $65,457,923.00 |
| Children with Disabilities | $48,316,000 | $44,314,480.00 |
| Construction | $19,000,000 | $18,999,757 |
FY 2025 Application Update
If you need to amend your FY 2025 application, you may do so until July 1, 2024. The IAGS Navigation webinar on June 5 at 3 p.m. Eastern Time will show you how (registration information is below).
Special Team Spotlight – Payments
This quarter we recognize our payments team. This team consists of the Team Lead Kisha Spruill, and team members Shaunton Alston, Ulyssa Rempson, and Melissa Torchon-Duke. This is the behind-the-scenes team that ensures any errors with your payments are quickly and accurately corrected to ensure your payments reach you in a timely manner. This team also assists LEAs with updating their bank data in coordination with the G6 (formerly G5) payment system and performs a reconciliation of payments to ensure the IAGS and G6 transactions match. This team uses their extensive knowledge of the payment system to support the program with efficiency and professionalism. Have a question about payments? Send an email to Impact.Aid@ed.gov.
Impact Aid Best Practices: Staff Transitions
For many districts, the end of the school year and the beginning of another year signals changes with staff. Here is what we suggest to ensure a successful start to your new Impact Aid Year:
- Update your LEA’s contact person in IAGS. After signing in to IAGS, click on LEAs on the top blue menu, then the name of your school district. Click the Update LEA Details button at the top right to change the contact information.
- Make sure the next person has access to your LEA’s past Impact Aid survey records. You must keep your backup documentation until three years after the final payment for that year was made. Currently, your LEA should have the records from your FY 2021 application (school year 2019-2020 survey data), and forward.
- Visit our New to Impact Aid page for a basic overview of our Section 7002 and 7003 prog There you’ll find links to training videos and the basic information you need to get started.
For even more help, feel free to contact your LEA’s state assigned program analyst directly here: https://impactaid.ed.gov/iap_staff/. They can also assist you with setting up new accounts in IAGS, if necessary.
Upcoming Webinars
Join the Impact Aid staff in an upcoming webinar. Our webinars are FREE and open to all. Click this link for a complete schedule through September 2024.
| Topic | Date | Eastern Time | Pacific Time | Link to Register |
| IAGS Navigation | 6/5/2024 | 3 p.m. | 12 p.m. | Register Here |
| Section 7003 Overview | 8/6/2024 | 2 p.m. | 11 a.m. | Register Here |
| How To Conduct a Survey | 8/14/2024 | 3 p.m. | 12 p.m. | Register Here |
| Electronic Data Collection | 8/22/2024 | 3 p.m. | 12 p.m. | Register Here |
As always, reach out to us anytime for assistance, and feel free to contact your program analyst directly here: https://impactaid.ed.gov/iap_staff/.
Faatimah Muhammad
Director, Impact Aid