Opportunity Information: Apply for ED GRANTS 072610 001

  • The Department of Education in the education sector is offering a public funding opportunity titled "Office of Vocational and Adult Education (OVAE) Financial Education for College Access and Success Program CFDA Number 84.215W" and is now available to receive applicants.
  • Interested and eligible applicants and submit their applications by referencing the CFDA number(s): 84.215 Fund for the Improvement of Education.
  • This funding opportunity was created on Jul 26, 2010 and posted on Jul 26, 2010.
  • Applicants must submit their applications by Sep 9, 2010 Applications Available July 26, 2010. Deadline for Notice of Intent to Apply August 5, 2010. The Department will be able to develop a more efficient process for reviewing grant applications if it has a better understanding of the number of entities that intend to apply for funding under this competition. Therefore, the Secretary strongly encourages each potential applicant to notify the Department by sending a short e mail message indicating the applicants intent to submit an application for funding. The e mail should include only the applicants intent to submit an application it does not need to include information regarding the content of the proposed application. This e mail notification should be sent no later than August 5, 2010 to Laura Messenger at laura.messenger@ed.gov. You must include FinanceEd Intent to Apply in the subject line of your electronic message. The notice of intent to apply is optional. We will consider an application submitted by the deadline for transmittal of applications even if the applicant did not provide an e mail notification of its intent to apply. Deadline for Transmittal of Applications September 9, 2010.. (Agency may still review applications by suitable applicants for the remaining/unused allocated funding in 2026.)
  • The funding agency has allocated a total of $1,700,000.00 to eligible and selected applicants.
  • Each selected applicant is eligible to receive up to $1,700,000.00 in funding.
  • The number of recipients for this funding is limited to 1 candidate(s).
  • Eligible applicants include: Others (see text field entitled Additional Information on Eligibility for clarification).
  • Eligible Applicants State educational agencies (SEAs), as defined in section 9101(41) of the ESEA, that have included personal finance in their State education standards and have included in their applications documentation that they have such standards.
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Opportunity Summary:

The Office of Vocational and Adult Education (OVAE) Financial Education for College Access and Success Program (CFDA 84.215W) is a discretionary grant competition run by the U.S. Department of Education under the Fund for the Improvement of Education (FIE), authorized by Title V, Part D, Subpart 1, Sections 5411 through 5413 of the Elementary and Secondary Education Act of 1965 (as amended). At a high level, the program is designed to support state-led work that strengthens the quality and impact of personal finance education in high schools, specifically so students are better prepared to make real-world decisions about paying for college, using financial aid wisely, and managing personal finances in ways that support college access, persistence, and completion. The broader FIE purpose is to back nationally significant efforts that improve elementary and secondary education and help students meet challenging state academic standards, and this particular initiative applies that goal to financial capability tied directly to postsecondary success.

The core focus of the grant is on developing, implementing, and evaluating personal finance instructional materials and the teacher training that goes with them. In other words, this is not just about producing a curriculum document; it is also about making sure educators are prepared to teach it effectively, and then measuring whether the materials and training actually change what students know and can do. The intended student outcomes are practical and college-oriented: helping high school students understand financial aid and related personal finance topics well enough to make sound decisions that influence whether they can start college, stay enrolled, and ultimately finish a credential. The notice emphasizes financial aid decision-making as a central theme, alongside other personal finance skills that affect affordability and long-term financial stability.

Eligibility is limited and very specific. Only State Educational Agencies (SEAs), as defined in section 9101(41) of ESEA, are eligible to apply, and the SEA must already have personal finance included in its state education standards. Applicants also must include documentation in their applications showing that these personal finance standards exist. This requirement signals that the Department was looking to invest in states that had already established a policy foundation for personal finance education, with the grant acting as a lever to improve implementation quality, teacher capacity, and evidence of effectiveness rather than to start from scratch.

From a funding standpoint, the opportunity anticipated making a single award (ExpectedAwards: 1) with an estimated total funding amount of $1,700,000, and an award ceiling of $1,700,000. There is no cost sharing or matching requirement listed for this competition, which means the federal award could support the full approved project budget without requiring non-federal matching funds as a condition of the award (though applicants could still propose partnerships or leveraged resources if they chose).

The application process is electronic-only. Applications had to be submitted through the Department of Education e-Application system via the e-Grants website (http://e-grants.ed.gov). The announcement is explicit that applicants may not email an electronic copy of the grant application to the Department; the submission must occur through the designated online system, where entered information is stored in a database.

The timeline included an applications-available date of July 26, 2010, and a deadline for transmittal of applications of September 9, 2010, with the opportunity later archived on October 9, 2010. An optional notice of intent to apply was strongly encouraged (but not required) by August 5, 2010. The Department’s stated reason for requesting the notice of intent was practical: it helps them anticipate the volume of applications and plan a more efficient peer review process. To submit this optional notice, applicants were asked to send a short email to Laura Messenger at laura.messenger@ed.gov with the subject line "FinanceEd Intent to Apply," and the email was supposed to communicate only the intent to apply, not the content of the proposed project.

For official rules, requirements, priorities, performance measures, and other binding details, the authoritative source is the Federal Register notice inviting applications. The synopsis repeatedly points applicants back to the Federal Register for the controlling version and notes that free access is available through GPO Access (as listed in the notice). The opportunity also provides contacts for help: Julius Cotton is listed as the ED Grants.gov/FIND systems administrator for technical access issues (202-245-6140; julius.cotton@ed.gov), and Laura Messenger is listed as the program manager (202-245-7772) at the U.S. Department of Education in Washington, DC.

Financial Education for College Access and Success Program (CFDA 84.215W) - FAQs

What is the Financial Education for College Access and Success Program (CFDA 84.215W)?

It is a discretionary grant competition run by the U.S. Department of Education's Office of Vocational and Adult Education (OVAE) under the Fund for the Improvement of Education (FIE). The program supports state-led efforts to strengthen the quality and impact of personal finance education in high schools, with an emphasis on helping students make informed decisions about paying for college, using financial aid effectively, and managing personal finances in ways that support college access, persistence, and completion.

What is the main goal of this grant opportunity?

The main goal is to improve personal finance education in high schools so students are better prepared for real-world financial decisions tied directly to postsecondary success, including understanding financial aid and related topics that affect whether they can start college, stay enrolled, and complete a credential.

How does this opportunity relate to the Fund for the Improvement of Education (FIE)?

FIE supports nationally significant efforts that improve elementary and secondary education and help students meet challenging state academic standards. This initiative applies that broader purpose specifically to financial capability and decision-making connected to college access and success.

What activities does the program fund?

The core focus is on developing, implementing, and evaluating personal finance instructional materials and the teacher training that supports those materials. The intent is not only to create content, but also to prepare educators to teach it effectively and measure whether the materials and training improve what students know and can do.

Is this grant only for creating a curriculum?

No. The notice emphasizes that this is not just about producing a curriculum document. It includes teacher training and evaluation to determine whether the instructional materials and professional development are effective.

What student outcomes is the program trying to improve?

The intended outcomes are practical and college-oriented, including stronger understanding of financial aid and other personal finance topics so high school students can make sound decisions that influence college access, continued enrollment (persistence), and completion.

Is financial aid a required focus area?

Financial aid decision-making is emphasized as a central theme of the initiative, alongside other personal finance skills that affect affordability and long-term financial stability.

Who is eligible to apply?

Eligibility is limited to State Educational Agencies (SEAs), as defined in section 9101(41) of the Elementary and Secondary Education Act (ESEA). The SEA must already have personal finance included in its state education standards.

Do applicants need to show that personal finance is already in state standards?

Yes. Applicants must include documentation in their applications showing that personal finance standards exist in the state. This reflects the program's intention to invest in states with an established policy foundation and strengthen implementation quality, teacher capacity, and evidence of effectiveness.

How many awards were expected to be made?

The opportunity anticipated making a single award (Expected Awards: 1).

What was the estimated total funding available?

The estimated total funding amount was $1,700,000.

What is the maximum award amount?

The award ceiling was $1,700,000.

Is cost sharing or matching required?

No cost sharing or matching requirement is listed. That means the federal award could support the full approved project budget without requiring non-federal matching funds as a condition of the award, based on the information provided.

How had applications to be submitted?

Applications were electronic-only and had to be submitted through the U.S. Department of Education e-Application system via the e-Grants website at http://e-grants.ed.gov.

Could applicants email their completed application to the Department of Education?

No. The announcement explicitly states that applicants may not email an electronic copy of the grant application to the Department; submission had to occur through the designated online system.

When were applications available?

Applications were available starting July 26, 2010.

What was the deadline for transmittal of applications?

The deadline for transmittal of applications was September 9, 2010.

Was there a notice of intent to apply? Was it required?

An optional notice of intent to apply was strongly encouraged but not required. The suggested due date for that optional notice was August 5, 2010.

Why did the Department encourage a notice of intent to apply?

The stated reason was to help the Department anticipate the number of applications and plan a more efficient peer review process.

How was the optional notice of intent to apply submitted?

Applicants were asked to send a short email to Laura Messenger at laura.messenger@ed.gov with the subject line "FinanceEd Intent to Apply." The email was supposed to communicate only the intent to apply, not the content of the proposed project.

Where can applicants find the official rules and binding requirements?

The authoritative source for official rules, requirements, priorities, performance measures, and other binding details is the Federal Register notice inviting applications. The synopsis points applicants to the Federal Register as the controlling version and notes that free access is available through GPO Access (as referenced in the notice).

Who should be contacted for technical issues accessing the application systems?

Julius Cotton is listed as the ED Grants.gov/FIND systems administrator for technical access issues. Phone: 202-245-6140. Email: julius.cotton@ed.gov.

Who is the program contact for this opportunity?

Laura Messenger is listed as the program manager at the U.S. Department of Education in Washington, DC. Phone: 202-245-7772.

When was this opportunity archived?

The opportunity was later archived on October 9, 2010.

What federal authority authorizes this program?

The program is authorized by Title V, Part D, Subpart 1, Sections 5411 through 5413 of the Elementary and Secondary Education Act of 1965 (as amended).

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