Financial Readiness for Youth in South Carolina
GrantID: 78978
Grant Funding Amount Low: $500,000
Deadline: Ongoing
Grant Amount High: $500,000
Summary
Explore related grant categories to find additional funding opportunities aligned with this program:
Employment, Labor & Training Workforce grants, Income Security & Social Services grants, International grants, Technology grants, Youth/Out-of-School Youth grants.
Grant Overview
South Carolina sets state-specific eligibility criteria for financial literacy programs targeting youth ages 14-18 from households at or below 200 percent of the federal poverty level. Applicants must operate within Charleston County and partner with at least one public high school that qualifies for Title I funding. Programs must incorporate state-mandated personal finance standards adopted by the South Carolina Department of Education in 2020.
Application requirements include submission of audited financial statements for the prior two fiscal years and letters of commitment from local credit unions or banks willing to host simulation sessions. Realities of the process involve demonstrating that at least 60 percent of participants will come from households where neither parent holds a bachelor's degree. Reviewers examine whether proposed workshops align with Charleston's tourism and port economy, which shapes local employment patterns and requires understanding of seasonal income variability.
Eligibility further demands that organizations maintain a physical office within a 30-mile radius of Charleston and provide evidence of serving at least 200 youth annually in the preceding three years. Proposals must detail how curricula will address state-specific barriers such as limited public transit access that restricts youth participation in after-school sessions.
Fit assessment for South Carolina context requires showing how the program accounts for the state's coastal geography and reliance on military installations around Joint Base Charleston. Organizations must illustrate readiness to coordinate with existing state workforce programs that emphasize maritime trades and hospitality. Unlike Georgia applications, South Carolina requires explicit documentation of alignment with the state's 2023 financial education statute and proof that simulation activities occur at licensed financial institutions rather than school facilities alone.
Eligible Regions
Interests
Eligible Requirements
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