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Megadeals
Subsidy Tracker Parent Company Summary
Parent Company Name: Pearson
Ownership Structure: publicly traded (ticker symbol LSE: PSON)
Headquartered in: United Kingdom
Major Industry: information technology
Specific Industry: information services; media
Subsidy Summary | Subsidy Value | Number of Awards |
State/Local | $85,722,646 | 10 |
Federal (grants and allocated tax credits) | $3,093,738 | 2 |
TOTAL | $88,816,384 | 12 |
Loan / Bailout Summary | Total Face Value | Number of Awards |
State/Local loans, bond financing and venture capital | $0 | 0 |
Federal loans, loan guarantees and bailout assistance (not including repayments) | $0 | 0 |
TOTAL | $0 | 0 |
Time Period for Federal Awards: FY2000 to the present
Notes: The dollar total above adjusts for the fact that there is an overlap between the amount in the Megadeal entry and that of one or more of the other entries. Dollar totals do not include awards for which no subsidy value is disclosed.
Links: For a summary of this company's regulatory violations see its Violation Tracker summary page
here.
Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
New Jersey | $83,128,719 | 2 |
Iowa | $1,772,420 | 3 |
Texas | $443,107 | 1 |
New York | $370,000 | 3 |
Illinois | $8,400 | 1 |
Individual Subsidy Records:
Click on the company name for more information on each subsidy award.
Company | Location | Subsidy Source | Year | Subsidy Value  | Loan/Bailout Value | Type of Subsidy |
Pearson Inc. and related entities | New Jersey | state | 2011 | $82,548,489 | | tax credit/rebate |
Pearson | New Jersey | multiple | 2011 | $82,500,000 | | MEGADEAL (Archived)  |
Pearson Education Inc. | United States | federal | 2012 | $2,996,987 | | federal grant |
NCS Pearson Inc | Iowa | state | 2009 | $754,600 | | training reimbursement |
Pearson Education, Inc. and Affiliates | New Jersey | state | 2001 | $580,230 | | grant |
NCS Pearson Inc | Iowa | state | 2008 | $575,320 | | training reimbursement |
NSCP Pearson Education | Texas | state | 2011 | $443,107 | | training reimbursement |
NCS Pearson Inc | Iowa | state | 2011 | $442,500 | | training reimbursement |
New York Institute of Finance | New York | local | 2002 | $300,000 | | grant |
NCS Pearson | United States | federal | 2012 | $96,751 | | federal grant |
New York Institute of Finance | New York | local | 2005 | $38,500 | | grant |
New York Institute of Finance | New York | local | 2006 | $31,500 | | grant |
THE PEARSON CORPORATION | Illinois | local | 2021 | $8,400 | | grant |