Governor Carney Makes Grant Funds Available For Financial Litera - WBOC-TV 16, Delmarvas News Leader, FOX 21 -

Delaware Governor Makes Grant Funds Available for Financial Literacy Education

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(Photo: MGN Online) (Photo: MGN Online)

DOVER, Del.- Gov. John Carney has announced a new round of state grant funding to support financial literacy in the First State.

Since 2010 Delaware's financial literacy education fund has awarded dozens of organizations $2.2 million for programs that teach students to save at an early age, among other saving strategies.

This year, $340,000 will be made available to support programs that meet criteria, derived from a license fee charged to businesses that make high-cost payday loans and car title loans.

“We want all Delawareans to be set up for success, and financial literacy is one tool that can help at all stages of life – whether you’re a recent grad ready for the workforce, an entrepreneur with a great business idea, or a retiree looking toward your next chapter,” said Governor John Carney. “With these grant funds, we will work with a variety of organizations across the state to meet people where they are and help guide them to a more financially secure future.”

All schools recognized by the Department of Education and Delaware organizations with a 501(c)(3) federal exemptions are eligible for funding. 

Applications are available at banking.delaware.gov and must be submitted by October 1, 2019.

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