Building Financial Literacy Initiatives in Georgia
GrantID: 13775
Grant Funding Amount Low: $4,000
Deadline: Ongoing
Grant Amount High: $65,000
Summary
Grant Overview
Georgia's Economic Disparities: Financial Literacy for Youth
Georgia faces significant economic disparities, particularly in urban areas like Atlanta, where low-income families encounter barriers to financial resources and education. Recent data from the U.S. Census Bureau indicates that approximately 14.8% of children in Georgia live in poverty, exacerbating challenges for youth in attaining economic mobility. Financial illiteracy remains a pervasive issue, with many young people lacking essential skills in money management, savings, and investment, which emphasizes the need for targeted educational programs in schools.
Who Will Benefit from Financial Literacy Programs in Georgia
The primary beneficiaries of this initiative are economically disadvantaged students in Atlanta's public schools. This program targets youth who may not have access to financial education at home, equipping them with critical skills that can impact their future success. By focusing on students from diverse backgrounds, the initiative also aims to ensure that those with varying levels of financial knowledge receive equal opportunities to improve their financial literacy.
Eligibility and Application Considerations for Students
Eligibility for the financial literacy programs will be determined based on enrollment in Atlanta public schools, particularly for students aged 14 and older. Workshops will be designed to be interactive, engaging students in real-world financial scenarios and practical applications. Schools will be encouraged to collaborate with local banks and financial organizations to support the initiative, which may include application processes that emphasize hands-on experience and community involvement.
Implementing Financial Literacy Programs in Georgia
The implementation of financial literacy programs across Atlanta aims to foster measurable improvements in students' knowledge and preparedness as they transition into adulthood. By harnessing the expertise of local financial institutions and educators, the program will equip students with the competencies necessary for sound financial decision-making. Addressing financial inequity in this way not only promises to enhance individual lives, but also contributes to the economic resilience of communities throughout Georgia, ultimately leading to a more informed and capable future workforce.
Eligible Regions
Interests
Eligible Requirements