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Financial Education

ID: NCUA6060 • Type: Posted
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Description

The Financial Education Grant Initiative provides funds to eligible credit unions to work in collaboration with other community organizations, financial institutions, and others to improve the financial literacy levels of credit union members and surrounding community members.

Overview

Category of Funding
Community Development
Funding Instruments
Grant
Grant Category
Discretionary
Cost Sharing / Matching Requirement
False
Source
On 5/3/10 National Credit Union Administration posted grant opportunity NCUA6060 for Financial Education with funding of $300,000. The grant will be issued under grant program 44.002 Community Development Revolving Loan Fund Program for Credit Unions. It is expected that 20 total grants will be made.

Timing

Posted Date
May 3, 2010, 12:00 a.m. EDT
Closing Date
June 30, 2010, 12:00 a.m. EDT Past Due
Closing Date Explanation
Applications must be received by 5pm Eastern on Wednesday, June 30, 2010. Awards announced August 31, 2010.
Last Updated
May 3, 2010, 5:50 p.m. EDT
Version
2
Archive Date
Dec. 31, 2010

Eligibility

Eligible Applicants
Others (see text field entitled "Additional Information on Eligibility" for clarification)
Additional Info
CREDIT UNIONS ONLY. Credit unions with a low-income designation may apply. This grant is NOT available to individuals, businesses, or not-for-profits. Only credit unions that have received a low-income designation from the NCUA or from the state supervisory authority, with NCUA concurrence, are eligible.

Award Sizing

Ceiling
$15,000
Floor
Not Listed
Estimated Program Funding
$300,000
Estimated Number of Grants
20

Contacts

Contact
National Credit Union Administration
Contact Email
Contact Phone
(703) 518-6610

Documents

Posted documents for NCUA6060

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