Governor Bob Riley and other members of the State Board of Education will present more than $5 million in financial rewards to schools for their academic improvements.
Leaders from more than 300 schools will be at the Board of Education's meeting on Thursday to accept the rewards.
Governor Riley first proposed offering financial rewards to improving schools as part of his fiscal year 2007 education budget.
"These rewards honor our teachers and schools that demand excellence in the classroom and are achieving great results," Governor Riley said.
The reward money goes directly to the schools and can be used for instructional improvement programs and classroom materials.
Schools have been notified if they are receiving a reward, but school officials do not know yet how much they will receive.