Massachusetts high schools will use funding to host financial education fairs for their students.
BRAINTREE, MA — The State Treasurer’s Office of Economic Empowerment (OEE), in partnership with the Division of Banks (DOB) and the Office of Consumer Affairs and Business Regulation (OCABR), announced the 2024 recipients of the Financial Education Innovation Fund Grant.
Following a competitive application process that concluded in November, the state agencies awarded grants to 59 schools, totaling $223,548. This funding will allow Massachusetts high schools and special education programs to host financial education fairs, known as Credit for Life Fairs, for their students.
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In Braintree, Braintree High School received $3,200 from an innovation grant.
For the first time in the program’s history, participating schools that have a large population of low-to-moderate income students will receive an additional $500. Ten schools received this additional funding to bring much-needed financial education to students in the state’s most vulnerable communities.
“High school students deserve the opportunity to learn the financial skills they will need for every situation encountered throughout their lives,” said State Treasurer Deborah B. Goldberg. “Credit for Life Fairs gives these young adults the opportunity to experience real world scenarios that help prepare them in making informed decisions as they approach graduation and beyond.”
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