Capsim Solutions Are Perkins Funds Eligible

Capsim is happy to announce its business simulations and assessments are eligible for Perkins Funds. If you are unfamiliar with Perkins Funds, this post will define what the funds are, how they work, and who they are for.

What are Perkins Funds?

The Carl D. Perkins Career and Technical Education Act (or Perkins Act for short), are federal funds allocated to secondary and postsecondary institutions with the purpose of improving the quality of Career & Technical Education (CTE) in the U.S. The Perkins Act distributes almost $1.3 billion annually across all 50 states for CTE programs. The bill is currently being reapproved as The Strengthening Career and Technical Education for the 21st Century Act and has already been passed by the House of Representatives.

How do they work?

These federal Perkins Funds are distributed to each State’s Department of Education who can award the funds to “eligible entities, including local education agencies and area CTE schools”. Eligible institutions can then apply for these funds for CTE programs and materials. Ask your curriculum coordinator about how you can utilize these funds to simulate the business world for your students and improve their college and career readiness.

How Perkins Funds can enhance your instruction:

Business Educators – Using textbooks and case studies to create interesting lectures that engage students can be tough. However, you can actively engage your students with our suite of experiential learning solutions, where students do more than just memorize concepts; they actively apply them. Capsim’s simulations and assessments are eligible for these funds under Section 135 of the Perkins Act as an instructional material.

Student Organization Advisers – When preparing students for the business world, there are few paths more rewarding than Career & Technical Student Organizations (CTSO) such as FBLA, DECA, and BPA. In fact, these organizations were specifically authorized by the U.S. Congress as part of the Perkins Act. With student members eager to learn about the world of business, our solutions provide an experiential platform where students can develop real-world skills like critical thinking, self-awareness, leadership, and communication skills.

Vocational Instructors – Ensuring your students are prepared to meet today’s challenges as they enter the workforce has never been more important. It’s also the main purpose of the Perkins Act, which gives over $1.3 billion annually to provide a source of innovation and improvement to state and local career and technical education programs. Give your students the opportunity to demonstrate their understanding of key concepts and skills via simulations in a dynamic and realistic environment.

Make Your Class Experiential With Perkins Funds

To discover how Capsim can help transform your classroom using Perkins Funds, fill out the form below to request a demo at a time most convenient for you.