HISD won the first ever Broad prize ten years ago.
Now the district is competing against two districts in south Florida and one in southern California for the education award, which will be announced tomorrow morning.
HISD Press Secretary Jason Spencer says the Broad Foundation tracks 75 urban districts for academic achievement, graduation rates, student improvement and other factors.
Districts cannot nominate themselves or apply for the award. Instead, they're selected by a review board.
"What this really represents for us is an outside, independent validation that our school district and the students in Houston, more importantly, are moving in the right direction. That each year we're seeing strong progress by multiple measures."
The prize comes with scholarship money for students.
Spencer says as a finalist, Houston is already guaranteed to get $150,000 in scholarships. If HISD wins, they'll get $550,000.
"There's an application process and the Broad Foundation — they do screen the applicants. They're looking for students who have a strong academic record, but also have a significant need."
If HISD wins, it will become the only school district to receive the Broad prize twice.