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Pay for Success Pilot Grants Announced
Posted on 06/25/2012
The U.S. Department of Labor’s Employment and Training Administration recently announced the availability of approximately $20 million in Pay for Success (PFS) Pilot Project grants (PDF), funded out of the Workforce Innovation Fund (www). The fund supports approaches to designing and delivering employment and training services that generate long-term improvements in the performance of the public workforce system. PFS is designed to address the systemic problems facing vulnerable populations through investing financially in innovative prevention approaches and service models. Vulnerable populations may include low-wage and less-skilled workers, as well as youths, ex-offenders, individuals with disabilities, and other economically and educationally disadvantaged persons. Preventative services include helping students who are at risk of dropping out to complete high school and/or post-secondary education or training, and giving ex-offenders alternatives to recidivism. Adult education providers offering preventative services to the targeted populations are encouraged to access the Workforce Innovation Fund (www) and Pay for Success (www) for more detailed information. Applications must be received by Dec. 11, 2012 by 4:00 p.m. Eastern Time.
From the OVAE Connection (www), newsletter of the Office of Vocational and Adult Education, U. S. Department of Education, June 21, 2012.