School Information System

State grants will help some school districts pay for student financial literacy requirement

Corrinne Hess:

Starting next year, every Wisconsin student will have to take a financial literacy class before they can graduate from high school. 

A $296,000 grant to school districts will help make that requirement more financially feasible.

The Wisconsin Department of Public Instruction and the Wisconsin Department of Financial Institutions announced Thursday more than two dozen school districts and other community-based organizations would receive grant money.

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Funding for the grant program is provided by DFI through settlement dollars for financial literacy education.

“Financial education is a life skill that everyone needs to learn,” said David Mancl, who heads DFI’s Office of Financial Literacy. “It’s important, especially now that Wisconsin guarantees all students in high school will get personal finance education.”

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