New federal data compiled on EdMoney.org, EWA's stimulus-tracker website, show that cumulatively, the 50 states and the District of Columbia have spent 74.82 percent of their funding for education from the 2009 economic stimulus law.

As of the end of April 2011, 28 states had reported spending 75 percent or more of their stimulus money, while 40 states reported spending two-thirds of it or more. The 10 states that had reported spending the largest share of their funding were:

Iowa, 93.07%
New Hampshire, 92.42%
South Dakota, 89.14%
Minnesota, 87.36%
California, 87.12%
Idaho, 86.92%
New Jersey, 86.84%
Arizona, 85.61%
Illinois, 85.25%
Indiana, 84.62%

The 10 states that reported having the most stimulus aid still to spend were:

Wyoming, 34.28%
Alaska, 34.33%
Delaware, 41.77%
Tennessee, 44.07%
Rhode Island, 51.58%
Hawaii, 54.73%
District of Columbia, 56.01%
South Carolina, 59.83%
Nebraska, 61.71%
Ohio, 62.46%

Download the state-by-state breakdown here.

Not surprisingly, the states that have the most stimulus funds remaining were by and large the winners of the competitive Race to the Top grants. By contrast, none of the 10 states that had spent the biggest share of their stimulus money had won Race to the Top money.

The federal grants being tracked by EdMoney are Title I, Race to the Top, Idea B, Idea B (Pre-school), Idea C, Homeless Children and Youth, State Stabilization Fund, School Improvement Grants and the Rural and Low Income School Program.