Youth Financial Learning Act

This bill would have the U.S. Secretary of Education award competitive grants of up to 4 years to state education agencies to add financial literacy education to public elementary and secondary schools. States could keep up to 10 percent of the money for technical assistance, curriculum, guidance, or evaluation, and would give the rest to local school districts as subgrants, with priority for districts with lower-performing schools and greater need. Districts would use the money for classroom financial literacy lessons, partnerships with community groups, and teacher training. States would have to put up matching funds equal to 25 percent of the grant from non-federal sources.

Full text and official record on Congress.gov

Sponsors

• Stephen F. Lynch Democrat sponsor
• 12 cosponsors