The corps brings recent college graduates to teach in needy public schools.
The increase brings to $13.3 billion the sum for the neediest schools, 52 percent more than in 2001.
Due to the lack of resources in needy schools, educational facilities are forced to develop support systems that do not have any additional costs.
The first law putting substantial federal money into needy local schools passed at around the same time, and for the same reasons.
At least three-quarters of the money would be set aside for the most needy schools.
"We need to attract the best teachers of tomorrow to work in our neediest schools," the governor said.
Federal Title I money already provides extra resources to the most needy schools.
First, we need to attract the best "teachers of tomorrow" to work in our neediest schools.
Budget cuts have trickled down to the support staff in many of the city's neediest schools.
By putting teachers into the neediest schools, she said, the program is cheating a generation of "high risk" children.