The Education Department released new guidelines on Friday for districts, schools and nonprofits seeking funding through the second round of Investing in Innovation grants. This time, the program will offer a total of $150 million in grants -- compared with $650 million in the first round -- and grants will range from $3 million to $25 million. The guidelines also include a new focus on improving rural schools, reducing matching-funds requirements, and providing more flexibility in determining whether proposals meet the competition's evidence-based outcome requirements.

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