In partnership with the Governor’s Council on Financial Literacy and Capability, two state agencies will award $296,000 to Wisconsin schools and community-based organizations to promote financial literacy education.
The Wisconsin Department of Public Instruction and the Wisconsin Department of Financial Institutions said Thursday a total of 29 Financial Literacy Innovation Grants were awarded to schools and organizations.
The grants support the implementation of new standards for personal financial literacy as well as compliance with a new state law that requires schools to offer a half-credit personal financial literacy graduation requirement.
The requirement started with the class of 2028.
“Financial literacy is about much more than understanding money,” State Superintendent Jill Underly said in a press release. “It helps students develop practical skills to make informed decisions and plan for their futures.
“We have a responsibility to prepare students not just to graduate, but to thrive after graduation, and enhancing personal financial literacy is a key part of that preparation,” she said.
