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In the Race to the Top competition, we've seen 41 applications come to us and we couldn't
be more proud of the hard work and the commitment around the country to driving reform and taking
student achievement to an entirely different level. Today we are pleased to announce that
we will be interviewing 16 finalists as part of the first round of the competition and
announcing the eventual winners in the first week in April. Those that didn't get in in
the first round we absolutely hope and expect you to come back and apply for the second
round. Those applications will be due in June. As part of the FY2011 budget, we're asking
for an additional $1.35 billion. So in effect, we hope to have a third round of Race to the
Top competition. Thanks to everyone who has worked so extraordinarily hard and best of
luck to the finalists.