Funding and Grant Opportunities for Personal Finance Teachers

12 grants to help educators level-up their financial literacy instruction.

Everyone knows that money speaks. When it comes to education, money speaks tenfold. Let’s face it, school supplies and field trips are expensive. Not every classroom has dedicated resources to devote to supplementary curriculum, which oftentimes is what personal finance falls under.

What can teachers do to make sure their students are well-prepared to handle their finances before exiting K-12 schooling? That’s where grants come in. The additional funding that grants provide can drastically improve educators’ quality of teaching and students’ experiences. Thankfully, there is ample opportunity for teachers to receive a little extra help to implement personal finance education.

What would you do with extra funding? At the top of our list is professional development, classroom resources, and school-wide programming.

Professional Development

We understand that you can’t become a master of finances overnight. Educators looking to teach personal finance should start with training or other professional development opportunities. This will allow you to deliver accurate, standards-aligned information to students.

Albert Einstein Distinguished Educator Fellowship Program

This fellowship program awards a $6,000 monthly stipend and up to $1,000 for living expenses for K-12 teachers to participate in a 10- or 11-month position in federal agencies or U.S. congressional offices. Teachers bring their STEM experiences back to the classroom with a deeper understanding that will benefit students.

Fund for Teachers

Awarding $5,000 to $10,000, this grant allows teachers to design their own professional development opportunity. Through the application process teachers will plan out objectives, motivations, and the impact that their continued learning will have on their students.

McCarthey Dressman Teacher Development Grants

The McCarthey Dressman Education Foundation awards up to $10,000 for three years to individuals or teams in K-12 education. The grant allows educators to implement new teaching methods and strategies in the classroom in order to foster professional training and growth.

NEA Foundation for the Improvement of Education

The NEA Foundation for the Improvement of Education awards grants ranging from $2,000 to $5,000 to support the professional development of public school teachers and faculty. This grant can be put toward funding summer institutes, research, mentoring, and lesson study experiences. The goal is to improve practice, curriculum, and student achievement.

Classroom Resources

Whether it’s classroom materials or a field trip, finding the funding for interactive, creative learning methods can be difficult. With the help of these grants, teachers can expand on their students’ money knowledge. Suggestions: a hands-on art project to illustrate the power of currency with play money, a class trip to a local credit union with guest presentations, or a team economics competition with varying prize levels.

Beacon Technology Teacher Grant

The Beacon Grant awards up to $1,000 twice a year for teachers in need of extra funding for classroom supplies, subscriptions, apps, and more. For 2019, the grant provides virtual reality equipment in the classroom.

Elmer’s Teacher Tool Kit Grant

The Tool Kit Grant is a partnership between the Kids in Need Foundation and Elmer’s to bring K-12 teachers in high-needs schools funding to tackle classroom projects. By awarding $100 to $500 for school supplies, the foundation hopes to foster creativity and critical thinking skills in students.

NEA Foundation Student Achievement Grants

Another NEA Foundation grant, this one allows public school teachers to apply for the funding of a 12-month program to improve student achievement. Teachers must submit a plan to expand students’ knowledge of various subjects and we think personal finance should top the list! The grant of $2,000 to $5,000 will fund resource materials, supplies, equipment, transportation, and technology.

Target Field Trip Grants

Each Target store in the U.S. awards three Target Field Trip Grants worth $700 every year. This enables one in 25 schools across the country to send a classroom on a field trip by covering transportation, registration, admission, and other trip expenses. We suggest visiting a local bank or credit union with your funding.

Financial Education Grants

Finally, there are several general grant opportunities to provide individuals or educational institutions with funding that can be directed toward personal finance initiatives.

Financial Inclusion Grant

The Citi Foundation supports the economic empowerment and improvement of low-income communities by investing in various grants, one of which is the Financial Inclusion Grant. Educational institutions may apply for the grant which funds either direct services (programs that build personal financial knowledge), capacity building and planning (programs that increase professional training), or systems change (programs that research to improve larger systems).

General Grant Program

The General Grant Program is funded by the FINRA Investor Education Foundation. Educators may apply for research and educational project funding of approximately $50,000 to $100,000. The project must advance understanding of the relationship between financial literacy, capabality, and well-being with a lasting impact beyond the two-year grant duration.

Small Grants

Provided by the Bemis Company Foundation, the Small Grants That Enrich Communities Program can be applied to by an educational institution for the purpose of K-12 educational enrichment programs. An extra $1,000 is a great starting point for developing a school-wide personal finance program.

Voya Unsung Heroes

The Voya Unsung Heroes grant is well-suited for K-12 personal finance educators short on funding. Each year, 100 finalists receive a $2,000 grant. Historically, 45 percent of programs that received funding were STEM and about 12 percent included economics. This means that chances are high for personal finance programs!

Bottom Line

Grants are free money that can create opportunities in low-funded schools and classrooms. Educators should take advantage of them to make financial education more accessible to students who may otherwise go without. Once you’ve found the perfect funding opportunity, make sure to read up on how to write a grant proposal and score the money you need.


Do you know of a funding opportunity for personal finance educators? Don’t keep that knowledge to yourself! Spread the wealth with us on Twitter at @OppUniversity.