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Financial Literacy Innovation Grant

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The Wisconsin Department of Financial Institutions (DFI), along with the Governor’s Council on Financial Literacy has created the Financial Literacy Innovation grant for the purpose of promoting innovation in the teaching of personal financial literacy (PFL) in the classroom.

A maximum grant amount of $10,000 per school will be awarded through a competitive grant program to public and private schools, partnering with communities, to support the implementation of the Wisconsin Model Academic Standards for Personal Financial Literacy in order to improve financial literacy among youth.

Specifically, the focus of the grant is on college and career readiness as part of:

  1. Innovative programs;
  2. A graduation requirement; or
  3. The establishment of a financial institution on school premises.

The deadline to submit completed applications is Wednesday, May 27, 2020.
Only an electronically submitted application is required; submitting a paper copy is no longer required.

The press release provides more information, and the grant application (in Word and as a PDF) gives all the details associated with the grant. Use this flyer to promote the grant to your school(s).

Please direct questions regarding the application process to the Financial Literacy Innovation grant staff by emailing

For school districts ready to adopt a PFL graduation requirement, additional monies are available through the Next Gen Personal Finance (NGPF) Gold Standard Challenge, which will provide $10,000 grants to high schools committed to ensuring that ALL students receive one semester of personal finance education prior to graduation.