The purpose of this competitive grant program is to provide funding to support districts in the selection and/or development of materials, curriculum, professional development and in-person or virtual experiential learning related to financial literacy. Districts may propose to collaborate with vendor(s) to support this work.
Grants will support professional learning and the development and or/selection of materials and curriculum that equip teachers to fully and effectively implement the personal financial literacy standards. The intended outcomes of this grant are for districts to deepen their understanding of the standards, adopt high-quality standards-aligned curricular materials, and provide meaningful learning experiences for students relating to financial literacy.
DESE seeks funding proposals that:
LEAs will be given competitive priority in scoring for each of the following eligibilities:
All Massachusetts Local Education Agencies (districts, charter schools, and Collaboratives) are eligible to apply for this grant.
LEAs in the Strategic Transformation Region may be awarded multiple awards to account for alternative governance structures (e.g., Springfield Empowerment Zone Partnership).
Approximately $250,000 is available. LEAs may apply for up to $15,000 to support curriculum development, curriculum selection, professional development, and experiential learning. Grants involving a vendor partnership are conditional based on Department approval of a proposal demonstrating that the vendor will offer high-quality and standards aligned curriculum, professional development, and/or experiential learning accessible to all students.
This RFP is the governing document for these grant funds.
Funding is contingent upon availability. All dollar amounts listed are estimated/approximate and are subject to change. If more funding becomes available it will be distributed under the same guidelines that appear in this RFP document.
LEAs must propose at least one of the following activities to be eligible for funding:
Fund use must be consistent with the activities described above, with the goal of improved outcomes for all students. Fund use may include but is not limited to:
Upon Approval – 6/30/2024
Center for Instructional Support
Friday, November 10, 2023, 5:00 PM.
Proposals must be received at the Department by 5:00 p.m. Eastern on the date due.
All responses must be received by the due date listed above. Failure to do so will result in disqualification. Responses not received on time will not be reviewed. Applicants applying after the due date may be notified their application was received late and will not be reviewed. Applications must be submitted as directed in the Submissions Instructions below. Failure to do so may result in disqualification. If you need assistance with submitting your application, please reach out to the contact person listed on this funding opportunity.
Part I — General — Program Unit Signature Page — (Standard Contract Form and Application for Program Grants)
Part II — Budget Details
Part III — Required Program Information
Pursuant to Chapter 438 of the Acts of 2018, An act relative to financial literacy in schools, "the department shall make resources available to schools, charter schools, approved private day or residential schools, and collaborative schools to assist in the selection of materials and curriculum on personal financial literacy."
Signed into law by Governor Baker on January 20, 2019, An Act relative to financial literacy in schools seeks to equip students with the necessary skills to be informed and productive participants in our society. LEAs may integrate financial literacy across grades K–12 in a variety of subjects such as mathematics, history and social science, technology, advisory, or business. At the high school level, the Standards for Personal Financial Literacy enumerated in the 2018 History and Social Science Curriculum Framework may be used as a stand-alone course or incorporated into a variety of subjects (page 173). Further information regarding the integration of financial literacy content across grades K–12 can be found in the Personal Financial Literacy Quick Reference Guide and Personal Financial Literacy in the Massachusetts Curriculum Framework, both available on the DESE History, Social Science, and Civics webpage. While there are multiple pathways to teach this content, the goal is for all students to equitably access this knowledge through coherent, high-quality and standards-aligned instruction.
The Department of Elementary and Secondary Education expects grant recipients to share a description of the outcomes of the grant and products as requested to expand the impact of the grant. Each grant recipient must complete and submit a brief Grant Final (End-of-Year) Report.
Questions and Answers — Questions should be emailed to Reuben.F.Henriques@mass.gov . Applicants can find answers to all the questions asked regarding this funding opportunity and DESE's response on the Office of Literacy and Humanities web page.
Please email the required documents as listed above, attached to a single email, to firstname.lastname@example.org using the subject line: FC104 — [District Name] — Financial Literacy Planning and Implementation Grant. Please use the provided filetypes, and note that signature pages must be sent as pdf documents.
Please use the following file formats:
Please do not submit JPEGs or other file formats.
Applicants will receive a confirmation when the required forms are received. Early submission is strongly encouraged in order to ensure the complete application is received and confirmed by 5pm on the due date.
Awarded Recipients: Upon award, recipients will be required to enter the approved budget and Part I in EdGrants. Once selected, recipients will be contacted with further instructions on the process.
Last Updated: October 23, 2023
Massachusetts Department of Elementary and Secondary Education
135 Santilli Highway, Everett, MA 02149
Voice: (781) 338-3000
TTY: (800) 439-2370
Disclaimer: A reference in this website to any specific commercial products, processes, or services, or the use of any trade, firm, or corporation name is for the information and convenience of the public and does not constitute endorsement or recommendation by the Massachusetts Department of Elementary and Secondary Education.