MADISON, Wis. (WRN) — A new grant initiative hopes to strengthen financial literacy education.

The Department of Public Instruction and the Department of Financial Institutions are offering a total of $300,000 in grants, with awards up to $75,000 each. The program supports innovative teaching, student engagement, and partnerships.

State Superintendent Jill Underly says financial literacy helps students build critical thinking and decision-making skills for life after high school. The grants will also help schools meet new graduation requirements for personal finance education.

The grants are available for Wisconsin schools and community groups.