FINANCIAL EQUITY AND EMPOWERMENT (FEE) GRANT
In 2020, Next Gen Personal Finance announced the creation of the Financial Equity and Empowerment (FEE) Grant as part of our commitment to increase access to financial education within communities serving majority Black and Brown students. Our ideal partners are the largest U.S. public school systems who share our commitment to increasing financial capability in their students. Resource constraints should NOT be the reason students don’t have proper financial education.
While 1 in 9 students outside Guarantee States 1 will take a standalone Personal Finance course prior to graduation, this number dips significantly among students in schools with 75%+ Black and Brown students.
In schools with 75%+ Black and Brown student population, only
1 in 14
students were guaranteed to take a standalone Personal Finance course prior to graduation.
FEE Grant Programmatic Details
Approximately $125,000 annually for 3 years to fund the position of a dedicated Personal Finance Specialist employed by the district
Ongoing 1:1 support to the Personal Finance Specialist and district in creating PD sessions, programs, resources, newsletters, and more throughout the lifetime of the grant
Regular meetings with all Personal Finance Specialists to share best practices, resources and ideas to further the initiative
Comprehensive Personal Finance curriculum and professional development at no cost to the district
NGPF FEE Grant recipients as of 2022
Jordan Grant recipients
Financial Equity and Empowerment (FEE) Grant recipients supported by the 2022 Jordan grant include the Fund for Public Schools, which supports New York City Public Schools; Philadelphia Financial Scholars, which supports public high schools in Philadelphia; Charlotte-Mecklenburg Schools; Fulton County Schools (Atlanta, Ga.); Guilford County Schools (Greensboro, N.C.); and Detroit Public Schools Community District.
Fund for Public Schools (NY)
FEE Grant applicants are currently selected on an invite-only basis. We are currently identifying and reaching out to school districts that we feel are good fits for the grant. If you would like to learn more and believe your school district qualifies for future funding, please contact Tori Mansfield at email@example.com.
NEWS ABOUT THE FEE GRANT
1 Guarantee state (AL, MO, MS, NC, NE, OH, TN, VA, RI, UT) are states that guarantee financial education for all high school students prior to graduation