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Press Releases
Governor Doyle’s Council on Financial Literacy Announces Over $90,000 to Support Pioneering Classroom Projects Created by Wisconsin EducatorsWill Help Implement Wisconsin’s Model Academic Standards for Personal Financial Literacy (Madison) Wisconsin Department of Financial Institutions Secretary Lorrie Keating Heinemann, on behalf of Governor Doyle’s Council on Financial Literacy, today announced awards totaling $91,614 that will fund 23 financial literacy projects in schools statewide. The Financial Literacy Innovation (FLI) awards, worth up to $5,000 each, are aimed at helping the teachers bring new and creative programs and events of their own making into their classrooms to increase the financial knowledge of their students. The projects are expected to reach over 5,500 students this academic year alone. “These funds offer educators a rare chance to try original ideas and novel approaches to help their students gain sound financial knowledge they can use throughout their lives,” said Secretary Heinemann. “Research shows that students desperately need this type of education. These projects will also strengthen each school’s commitment to financial literacy now and in the future.” Over 50 original ideas were submitted in June by educators from around the state to Governor Doyle’s Council on Financial Literacy. The Council reviewed the submissions and selected the 23 projects to be funded. The Council along with DFI created the fund that will provide the awards. Secretary Heinemann serves as Chair of the Council and CBM Credit Education Foundation President William Wilcox is the Vice-Chair. First Lady Jessica Doyle is Honorary Chair. The projects selected are implementing the state’s Model Academic Standards for Personal Financial Literacy that was unveiled last year by a task force appointed by State Superintendent Elizabeth Burmaster. The Model Academic Standards’ goal is to bring more financial literacy information into schools. The task force was administered by the Department of Public Instruction and funded by the CBM Credit Education Foundation, Inc. The complete list of FLI award winners includes:
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