Contact: Amy Hasenberg, (608) 266-2839
MADISON – Governor Scott Walker announces 11 grants, totaling more than $56,600, have been awarded to schools across Wisconsin to enhance personal finance education. Grant recipients were selected by the Governor’s Council on Financial Literacy out of a field of 14 applicants.
“These financial literacy grants will help thousands of students to broaden their personal financial knowledge, be better prepared to make sound financial decisions, and to succeed as they become adults,” said Governor Walker.
Funded by the Department of Financial Institutions (DFI), the 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 the Department of Public Instruction (DPI).
“This program is an excellent example of how DFI, in collaboration with other stakeholder groups, is following through on its commitment to promoting financial literacy,” said DFI Secretary Jay Risch.
DPI conducted the initial review of the 14 applicants from throughout the state, and 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.
Wisconsin is the first state in the nation to develop content and performance standards to define what students should know about financial literacy.