Today Secretary of Labor Hilda L. Solis and Secretary of Education Arne Duncan announced the solicitation for grant applications under the Trade Adjustment Assistance Community College and Career Training Grant Program (TAACCCT). Over the course of 4 years, the program will invest $2 billion “to provide community colleges and other eligible institutions of higher education with funds to expand and improve their ability to deliver education and career training programs.” The program supports President Obama’s goal of having the highest proportion of college graduates in the world by 2020 by helping to increase the number of workers who attain degrees, certificates and other industry recognized credentials. The first round of funding will be $500 million over the next year. Applications to the solicitation are now open, and will be due April 21, 2011.
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