Get ready for a new influx of education tools. The Gates and Carnegie Foundations are funding two $75,000 awards for the open source developers who can build the in-school software that fits into the new federal reporting requirements on academic achievement.

The new alliance of state educators is creating a system of open source software to help schools gather and submit the data that are required by the new federal guidelines.

It’ll be very interesting to see what turns up from this potential influx of money into the open source market. However, it doesn’t seem like $75k is enough to really cover much of anything these days in terms of software development. Especially open source development. Especially in education.