From an AP report:

Advocates for charter schools say North Carolina’s restrictive laws to create and manage them could prevent the state from winning up to $470 million in federal education grants this spring.

Darrell Allison with Parents for Educational Freedom said Tuesday he worries that the state will fail to win “Race to the Top” money because the state limits the number of charter schools to no more than 100.

We’ll find out in April whether North Carolina’s cap was a roadblock to federal funds. The alternative is that states like North Carolina receive Race to the Top funds despite the cap. This would indicate that the Obama administration backed off of its commitment to increasing the number of charter schools nationwide.