Race to the Top finalists are Colorado, Delaware, the District of Columbia, Florida, Georgia, Illinois, Kentucky, Louisiana, Massachusetts, New York, North Carolina, Ohio, Pennsylvania, Rhode Island, South Carolina, and Tennessee, according to EdWeek.

U.S. Secretary of Education Arne Duncan will announce the round-one finalists for the department's two-round, $4.35 billion Race to the Top competition during a press conference call with reporters at 2:30 p.m. today. 

EdMoney.org will post the official list later today. Stay tune.