Congress Passes 2012 PEP Funding
The good news for the country is that Federal budget for Fiscal Year 2012 has been passed by the U.S. Congress. The great news for the sports and fitness industry is that the Carol M. White Physical Education Program (PEP) has received level funding — $78.8 million. The new funds will be used to support existing grants from 2010 and 2011, with the remainder directed to new grants awarded in 2012. Congress approved the budget this past Friday (December 16) and President Obama is expected to sign the bill later.
PEP funds are used to purchase fitness and sports equipment and train PE teachers in innovative methods of physical education. READ MORE