The Wisconsin Department of Public Instruction and the Wisconsin Department of Financial Institutions today announced 10 grants totaling more than $140,000 have been awarded to schools across Wisconsin to enhance personal finance education.
One of the awardees was CESA 11, which includes the School District of Amery and 38 other schools located in Northwest Wisconsin.
Grant recipients were selected out of a field of 28 applicants by the Governor’s Council on Financial Literacy.
The Wisconsin Department of Financial Institutions (DFI) and the Wisconsin Department of Public Instruction (DPI) today announced 10 grants totaling more than $140,000 have been awarded to schools across Wisconsin to enhance personal finance education. Grant recipients were selected out of a field of 28 applicants by the Governor’s Council on Financial Literacy.
“These grants will help thousands of students broaden their personal financial knowledge and become better prepared to make sound financial decisions as adults,” said DFI Secretary Kathy Blumenfeld. “Financial literacy is an important life skill that helps students take control of their financial future. This program reinforces our continued commitment to educating Wisconsin’s K-12 students about personal financial matters.”
Funded by DFI, the Financial Literacy Innovation Grant Program was open to Wisconsin’s K-12 public and private schools and is a collaborative effort between the Governor’s Council on Financial Literacy, DFI, and DPI. The grants are designed to help teachers adopt and implement Wisconsin’s standards on personal financial literacy in their classrooms and in partnership with their communities.
State Superintendent Carolyn Stanford Taylor adopted new personal financial literacy standards earlier this year. The standards are intended to help schools and educators at all grade levels to develop programs that provide the knowledge and skills to establish sound financial habits.
“Thank you to our educators for taking the time to craft applications aimed at helping their students learn financial literacy,” Stanford Taylor said. “This collaborative grant program is yet another resource and benefit to educators looking to implement essential financial courses into their programming aligned with the new state standards.”
DPI conducted the initial review of the 28 applicants from throughout the state, and then the Governor’s Council on Financial Literacy made the final recommendations. The grant program is designed to support the efforts of individual teachers and school districts to begin innovative and sustainable financial literacy programs and events, with a specific emphasis on student loan debt.
The following school districts and local education agencies are receiving grants:
Beloit School District – $10,000
CESA 3 – $29,229
CESA 11 – $30,000
Chippewa Falls Area Unified School District – $10,000
Lake Geneva Jt 1 School District – $2,675
Milwaukee Public Schools – $30,000
Rib Lake School District – $10,000
Southern Door County School District – $10,000
Stratford School District – $2,102
Twin Lakes #4 School District –$9,000
TOTAL AWARDED: $143,006