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Grants and Other Financial Assistance Programs: FY2014

Financial Literacy Pilot Program
Fund Code: 740

Purpose: The purpose of this state-funded Financial Literacy Pilot Program continuation grant is to support the 10 districts in Gateway municipalities to implement financial literacy high school course programs that engage high school students in developing personal financial knowledge and skills for college and career readiness. Specifically, this second-year implementation grant is to conduct the course and related program activities developed in the first year of the pilot program.
Eligibility: Eligibility is limited to the 10 districts previously funded to participate in the Financial Literacy Pilot Program. These districts include:
  • Fall River Public Schools
  • Haverhill Public Schools
  • Holyoke Public Schools
  • Lowell Public Schools
  • Lynn Public Schools
  • Quincy Public Schools
  • Revere Public Schools
  • Salem Public Schools
  • Springfield Public Schools
  • Worcester Public Schools
Funding: A total of $200,000 is available for this grant program in FY14, with approximately $20,000 available per school district. This is the second year in the development of a 3-year pilot program for 10 school districts on financial literacy education. Subsequent years will be pending availability of funds.
Fund Use: Funds may be used for:
  • Stipends for educators to
    • participate in professional development in financial literacy e.g.,. workshops, seminars, etc. (This may be in the form of substitutes or stipends.)
    • participate in financial literacy team meetings
    • co-plan the pilot program
    • evaluate, review, select and/or develop curricular materials
    • develop criteria for evaluation of the program
  • Materials, supplies, and technology (for trainings or professional development)
  • Purchase of student classroom materials
  • Substitutes
  • Consultants
  • Travel/mileage (in-state)
Funds may not be used for:
  • Salaries
  • Out-of-state travel
  • Fringe benefits
  • Food or beverages
Project Duration: Upon approval - 6/30/2014
Program Unit: Office for Science, Technology/Engineering, and Mathematics (STEM)
Contact: Jacob Foster jfoster@doe.mass.edu
Phone Number: (781) 338-3510
Date Due: Wednesday, September 25, 2013
Proposals must be received at the Department by 5:00 p.m. on the date due.
Required Forms:
  1. Download PDF document Download MS WORD document  Part I - General - Program Unit Signature Page - (Standard Contract Form and Application for Program Grants)
  2. Download MS EXCEL file  Part II Budget Detail Pages (Include both pages.) - Instructions
  3. Download PDF document Download MS WORD Document  Part III - Required Program Information
Additional Information:
  1. Download PDF document Download MS EXCEL document  Proposal Evaluation Scorecard
  2. View External Link  National Standards for Financial Literacy from the Council for Economic Education
  3. View HTML Page  Massachusetts Curriculum Frameworks for Mathematics, History and Social Sciences, etc.
  4. View External Link  Money as You Learn: Tools for Educators to Integrate Personal Finance into Teaching the Common Core
Submission Instructions: Submit two (2) sets, each with an original signature of the Superintendent/Executive Director.

The Required Program Information and Budget Detail Pages should also be submitted electronically to Jacob Foster, jfoster@doe.mass.edu with Financial Literacy grant application in the subject line. The due date of September 18, 2013 also applies to the electronic submission.

Mail to:
Jacob Foster
Office of Science, Technology/Engineering, and Mathematics (STEM)
Massachusetts Department of Elementary and Secondary Education
75 Pleasant Street
Malden, MA 02148-4906


Last Updated: September 3, 2013
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