Who Qualifies for Teen Financial Literacy Grants in Indiana
GrantID: 77243
Grant Funding Amount Low: $800
Deadline: Ongoing
Grant Amount High: $400,000
Summary
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Grant Overview
Indiana reports that 18 percent of 16- to 19-year-olds statewide lack a basic checking account according to Federal Reserve Bank of Chicago district data. This figure rises to 27 percent in the 37 counties classified as rural. Financial literacy workshops must therefore include verified banking access outcomes rather than knowledge-only measures.
High school graduation rates in manufacturing-heavy counties along the I-69 corridor average 4 points below the state mean. Programs delivering six-session modules on budgeting and credit have recorded 15 percent higher FAFSA completion rates among participants when paired with local credit union enrollment events.
Eligible organizations must maintain Indiana nonprofit registration and submit curricula reviewed by the Indiana Department of Education for alignment with personal finance standards. Pre- and post-surveys require matching participant identifiers to track actual account openings within 90 days of workshop completion.
Indiana's manufacturing employment concentration creates different baseline financial exposure patterns than neighboring agricultural or service economies. Applications must reference county-level unemployment insurance claims data to justify target cohorts.
Funded workshops report quarterly to the Indiana Commission for Higher Education using standardized forms that record number of participants opening accounts and changes in credit score inquiry behavior tracked through partner financial institutions.
H2: Indiana Teen Banking Access by County Type H2: Workshop Delivery Standards in Indiana H2: Post-Program Financial Behavior Tracking
Eligible Regions
Interests
Eligible Requirements
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