what is it?

Congress first authorized the Excellence in Economic Education (EEE) Act (20 USC 7267) as a part of the landmark No Child Left Behind Act, and appropriated $1.5 million for EEE in the Fiscal Year 2004. The EEE "program promotes economic and financial literacy among all students in kindergarten through grade 12 through the award of one grant to a national nonprofit education organization that has as its primary purpose the improvement of student understanding of personal finance and economics." This organization in turn must allocate three quarters of EEE funding to State and local education organizations to carry out the purposes of the program.

In June 2004, following a competitive application process, the National Council on Economic Education (NCEE) was awarded the first-ever grant for carrying out the goals of the EEE. One year later, in another competitive application process, NCEE was awarded a five-year grant (subject to annual Congressional appropriation), and thus designated for this multi-year period by the U. S. Department of Education as the agency to administer and implement this significant outreach program. Funds were  subsequently appropriated by Congress for 2005 and 2006, 2007 and now again in 2008.

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2008 Excellence in Economic Education Funding Opportunities

NCEE is pleased to announce a new round of funding for projects during 2008-2009, and is soliciting applications from qualified organizations. The application deadline is September 15, 2008.

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• Frequently Asked Questions
• 2008 Non-Research Grant Activities RFP
• 2008 Research Grant Activities RFP

2007 Excellence in Economic Education Subgrants Awarded

The NCEE received 222 proposals for projects to be conducted as part of the 2007 Excellence in Economic Education grant from the Department of Education. Of these, 98 projects, spanning 45 states, were accepted for a total funding award of $1,106,150.20. A listing of grant recipients and their projects can be found below.

• 2007 Non-Research Grant Activities RFP
• 2007 Research Grant Activities RFP

Research in Precollege Economic Education

“What Works: A Review of Research on Outcomes and Effective Program Delivery in Precollege Economic Education” by Dr. Michael Watts, Director of the Center for Economic Education at Purdue University.

Subgrant Recipients

• EEE Subgrants
  • Replication of Best Practices:
    2004 | 2005 | 2006 | 2007
  • School-based Student Activities:
    2004 | 2005 | 2006 | 2007
  • Teacher Training Workshops:
    2004 | 2005 | 2006 | 2007
  • Distribution of Curriculum and Teaching Materials:
    2004 | 2005 | 2006 | 2007
• EEE Research Grants
  • Economic and Financial Literacy Research:
    2004 | 2005 | 2006 | 2007
  • Evaluations of Impact of Economic and Financial Literacy Education on Students:
    2004 | 2005 | 200 | 2007