Rates today
  • Prime rate 6.75% flat
  • Fed funds 3.63% flat
  • SOFR 3.65% up0.01
  • Treasury 1Y 4.00% down0.04
  • Treasury 10Y 4.72% flat
Updated: EST

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Applications Open

Promise Neighborhoods

Deadline
August 6, 2026
Geography
National
Funder
Department of Education
Posted
May 9, 2026

Grant Overview

Eligibility: Under section 4622 of the ESEA, an eligible entity must be one of the following:(a)An institution of higher education (IHE), as defined in section 102 of the Higher Education Act of 1965, as amended (HEA) (20 U.S.C. 1002);(b)An Indian Tribe or Tribal organization, as defined in section 4 of the Indian Self-Determination and Education Assistance Act (25 U.S.C. 5304); or(c)One or more nonprofit entities working in formal partnership with not less than one of the following…

Eligibility and Program Details