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Assistance listing · 84.425

Education Stabilization Fund

Federal financial assistance obligated under listing 84.425, the organisations that receive it and where it goes.

USAspending caveat. Figures are obligations reported by federal agencies to USAspending.gov, not payments. In USAspending's words: "An outlay occurs when federal money is actually paid out, not just promised to be paid ('obligated')." "Every agency has a Senior Accountable Official who must officially certify that the quarterly financial data submitted by their agency is accurate and complete." "If there are any discrepancies in procurement data, FPDS is the authoritative source." Contract data for the Department of Defense and the U.S. Army Corps of Engineers is published with a 90-day delay. Data loaded 30 Sep 2026.

Federal agencies obligated $0 in awards under assistance listing 84.425, Education Stabilization Fund, in FY2025, and $17B over the five fiscal years since FY2022; the program ranks 40 of 1056 on this site.

The largest recipient organisations over FY2022–FY2025 were Department of Education California ($5.0B), Florida Department of Education ($2.4B) and Michigan Department of Education ($1.2B).

By place of performance, the most money went to CA, FL and MI.

$0obligations, FY2025FY2025 (1 Oct 2024 – 30 Sep 2025) · obligations
$17Bfive-year totalFY2022–FY2026 to date · obligations
$0FY2026 to dateFY2026 · obligations
40 of 1056rank among programs on this sitefive-year obligations
88awards of $1.0M+ since FY2022FY2022–FY2026

Obligations by fiscal year

$17B
$0
$0
$0
$0
FY2022FY2023FY2024FY2025FY2026*
Obligations under listing 84.425 by fiscal year. *FY2026 runs to the data date and is incomplete.

Compared with the largest program FY2025

MeasureThis programGrants to States for MedicaidAll assistance
Obligations, FY2025$0$666B$4.5T
Five-year total$17B$3.2T$21T
Share of all assistance obligations, five years0.1%15.2%100%

Largest recipients obligations, FY2022–FY2025

#OrganisationObligations
1Department of Education California$5.0B
2Florida Department of Education$2.4B
3Michigan Department of Education$1.2B
4Department of Education of Puerto Rico$991M
5Arizona Department of Education$863M
6Commonwealth of Virginia State Board of Education$751M
7State of Maryland$691M
8Elementary & Secondary Education Missouri Department of$654M
9Superintendent of Public Instruction$619M
10Mississippi Department of Education$544M
11Wisconsin Department of Public Instruction$515M
12Board of Education Colorado$390M
13State of New York$252M
14Department of Education Nebraska$182M
15State of California Department of Finance$181M
16Executive Office State of Ohio$155M
17Executive Office of the Commonwealth of Pennsylvania$153M
18Texas Office of the Governor$152M
19Wyoming Department of Education$101M
20Vermont State Agency of Education$95M
21State of Michigan Department of Management & Budget$87M
22State of Illinois$83M
23State of Indiana$79M
24State of Georgia$75M
25Executive Office of the State of Wisconsin$74M

Awarding agencies $1.0M+ awards

Where the money goes

Largest awards since FY2022

RecipientAwarding agencyTypeAward valueBegunPlaceRecord
State of New YorkDepartment of EducationGrantFormula Grant (a)$252M19 Oct 2021NYUSAspending
State of California Department of FinanceDepartment of EducationGrantFormula Grant (a)$181M4 Nov 2021CAUSAspending
Executive Office State of OhioDepartment of EducationGrantFormula Grant (a)$155M28 Oct 2021OHUSAspending
Executive Office of the Commonwealth of PennsylvaniaDepartment of EducationGrantFormula Grant (a)$153M16 Nov 2021PAUSAspending
Texas Office of the GovernorDepartment of EducationGrantFormula Grant (a)$152M3 Jan 2022TXUSAspending
State of Michigan Department of Management & BudgetDepartment of EducationGrantFormula Grant (a)$87M2 Mar 2022MIUSAspending
State of IllinoisDepartment of EducationGrantFormula Grant (a)$83M3 Jan 2022ILUSAspending
State of IndianaDepartment of EducationGrantFormula Grant (a)$79M28 Jan 2022INUSAspending
State of GeorgiaDepartment of EducationGrantFormula Grant (a)$75M16 Feb 2022GAUSAspending
Executive Office of the State of WisconsinDepartment of EducationGrantFormula Grant (a)$74M4 Nov 2021WIUSAspending

Other programs numbered 84.xxx

Questions and answers

How much is obligated under assistance listing 84.425?

$0 in FY2025 and $17B over the five fiscal years since FY2022, counting every award type recorded under the listing (grants, direct payments, loan subsidy cost, insurance and other assistance). Obligations are commitments, not payments.

Who receives the most under Education Stabilization Fund?

Department of Education California ($5.0B), Florida Department of Education ($2.4B), Michigan Department of Education ($1.2B), Department of Education of Puerto Rico ($991M), Arizona Department of Education ($863M). Individuals are never listed; where a program pays individuals, USAspending records aggregated rows that appear here as "not shown".

What is an assistance listing (CFDA) number?

A five-digit number that identifies a federal financial assistance program on SAM.gov (formerly the Catalog of Federal Domestic Assistance). Every grant, loan, direct payment or other assistance award on USAspending carries one; contracts do not.

Provenance

Source: USAspending.gov API v2, spending by category (assistance listing) by fiscal year, recipient cross-tabulation for FY2022–FY2025 and award search, loaded 30 Sep 2026. State figures come from each state's top-100 listing table, so small amounts in a state may be missing. See methodology.