The state uses a formula to decide how much money each school district receives to award bonuses to all teachers rated effective or highly effective.
Loogootee is a low-income school corporation, but the other nine school corporations are in some of the wealthiest communities in Indiana.
Only 28 percent of Hoosier students pursuing a bachelor’s degree finish in four years.
A new group comprised of Indiana’s higher education institutions aims to dramatically increase the number of Hoosiers earning degrees.
Indiana released its reports for graduation rates Tuesday.
The funds come from the Bill and Melinda Gates Foundation and were awarded through Complete College America.
The university will place representatives in five regions of the country to attract more students from outside Indiana.
The number of students in Indiana graduating from high school has increased more than 2.5% since last year.