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IES Grant

Title: Cost Effectiveness Analysis of Educational Alternatives
Center: NCEE Year: 2012
Principal Investigator: Levin, Henry Awardee: Teachers College, Columbia University
Program: Unsolicited and Other Awards      [Program Details]
Award Period: 16 months (4/2/2012 8/31/2013) Award Amount: $499,992
Award Number: R305U120001

Co-Principal Investigator: Fiona Hollands

Purpose: This is a cooperative agreement between the Institute of Education Sciences and Teachers College to develop two demonstrations of how cost effectiveness research can enhance evaluations of the impact of education interventions. This project uses impact evidence from the What Works Clearinghouse combined with information about program costs to estimate cost effectiveness. This project team will also develop a web-based tool for assessing cost and cost-effectiveness in education settings. This tool will allow users to identify their own costs (or use national averages) and estimated impacts to inform program choices.