The State Treasurer’s Office of Economic Empowerment (OEE), in partnership with the Massachusetts Office of Consumer Affairs and Business Regulation (OCABR) and the Division of Banks (DOB), announced the recipients of the Financial Education Innovation Fund Grant for the 2022-2023 academic year.
Through a competitive application process that culminated in November, the agencies awarded 39 Massachusetts high schools, including eight first-time applicants, a total of $115,400 to expand or establish Credit for Life Fairs or other financial education fairs. This year’s round saw a 300% increase of special education schools applying for a grant.
“Credit for Life Fairs provide Massachusetts students the opportunity to increase their financial knowledge and skills at a critical time in their personal growth,” said State Treasurer Deborah B. Goldberg. “Participating in this kind of experiential learning impacts decision making and choices that can have long term positive outcomes for young people throughout the state.”
“This grant is a fantastic way for students to learn more about real life personal finances that they will encounter after high school,” said Edward A. Palleschi, Undersecretary for the Office of Consumer Affairs and Business Regulation. “By taking the steps to conduct financial education fairs, schools are equipping students with vital information that they can take with them throughout their lives.”
