Financial literacy grants available, apply by June 1

The Wisconsin Department of Financial Institutions (DFI) in partnership with the Department of Public Instruction (DPI) is making available a $100,000 statewide grant program to encourage Wisconsin’s K-12 school districts to incorporate personal finance education into their curricula.

The DPI, which is administering the grant program, is currently accepting online applications.  The application deadline is June 1, 2018.  Award recipients will be notified the week of July 23, 2018.

Last year, Governor Walker signed into law 2017 Wisconsin Act 94, which requires all Wisconsin public school districts to incorporate personal finance into their curricula.

This grant program is a great opportunity for those districts that have not incorporated  a personal finance requirement into their curriculum to obtain funding to implement one.

This grant program is open to all public and parochial schools in Wisconsin.  All grant proposals must indicate how the proposal supports approved academic curriculum and integrates Wisconsin’s Model Academic Standards on Personal Financial Literacy.

Applications will be evaluated on the following criteria:

  • The nature of the expected outcome from the project and the degree to which outcomes are measurable.
    The number of students impacted by the project.
  • Sustainability and the degree that the proposal includes parents, volunteers, and other members of the community.
  • Matching financial support from the school or other partners in the community.
  • The degree to which the project is realistic, innovative, experiential, educational and engaging.
  • The degree to which it enhances student experiences and curriculum delivery.
  • The level of innovation and creativity to enrich existing services and programs.
  • Cost effectiveness.