Sponsors (13)
The bill expands and targets school-based financial literacy and teacher training for students—especially in high-need schools—while requiring substantial state matching, operating on a limited multi-year authorization, and using competitive grants that may produce uneven access and sustainability risks.
Students nationwide—especially K-12 attendees in participating districts—will receive school-based financial literacy instruction (personal credit, student loans, aid), improving money-management skills before adulthood.
Teachers and school educators in grant-funded districts will get professional development to embed personal finance and entrepreneurship across curricula, increasing educator capacity to teach these topics.
Students in high-need or low-performing schools are prioritized for subgrants, directing resources toward low-income and underserved students who most need financial education.
State and local governments must provide a 25% non-Federal match, which could strain state education budgets or force trade-offs with other priorities.
Students and educators face uncertainty about long-term support because funds are authorized only for FY2026–FY2030 and grants last up to 4 years, risking program sustainability after federal funding ends.
The competitive grant design may leave some states or districts without funding despite need, creating uneven geographic access to financial education.
Based on analysis of 2 sections of legislative text.
Authorizes competitive federal grants to states for integrating financial literacy into K–12 schools, with a 25% state match and priority for high-need districts.
Official title: To improve the financial literacy of secondary school students.
Introduced January 21, 2026 by Stephen F. Lynch · Last progress January 21, 2026
Provides federal competitive grants to state education agencies to help integrate financial literacy into K–12 public schools. Grants fund curriculum, teacher training, school partnerships, and program development, with states required to pass most funds to local school districts and provide a 25% non‑Federal match. Grants last up to four years, allow states to reserve up to 10% for technical assistance and evaluation, prioritize high-need and low-performing schools, and authorize appropriations for FY2026 and the following four years.