The Texas Financial Education Endowment (TFEE) is now accepting applications for the 2024-2025 grant cycle. The Finance Commission (FC) of Texas recently approved an aggregate award amount of $730,000 for the upcoming 2024-2025 grant cycle. Grants may be awarded (per organization) in amounts up to $45,000 for a one-year term and $90,000 for a two-year term. Selected grantees will be announced in December 2023. Schools, governmental agencies, for-profit and not-for-profit organizations are encouraged to apply for grant awards through a competitive application and review process. Applications for funding consideration are due September 22, 2023.
The FC sets funding priorities for each grant cycle that support statewide financial education and consumer credit building activities, dictating where TFEE efforts will be focused. Funding priorities for the 2024-2025 grant cycle will emphasize:
- Adult financial education, capability, and consumer counseling programs;
- School and youth-based financial education and capability programs; and
- Financial coaching and consumer counseling programs.
Prospective applicants are encouraged to participate in an interactive and informational webinar on September 6, 2023, at 10:00 am (webinar registration link). More information about the grant program can be found at https://www.tfee.texas.gov/grant_application or by contacting the Grant Coordinator at TFEEcoordinator@occc.texas.gov. For access to the online submission portal, visit https://bit.ly/TFEE24-25.