MADISON, Wis. – Credit union organizations are being encouraged to apply for a Experiential Learning financial grant from the National Credit Union Foundation.
The full call for proposals and grant application can be found here or by visiting ncuf.coop>how we help>grants. Grant applications will be accepted starting June 1 - July 15, 2015. Funded applications will be for $10,000 or more.
Experiential learning is the process of making meaning from a direct experience, with research showing that most people learn best through such “learning by doing.”
“At the Foundation, we’ve seen great success across the country with experiential learning financial education programs such as Reality Fairs & Retirement Fairs,” said Lois Kitsch, national program director at the Foundation. “We want to build on that success and encourage credit unions to submit grant applications to improve people’s financial lives through interactive and engaging programs.”
The Foundation said the following experiential learning programs are ones that the Foundation has had experience with and are favored:
- Reality fairs
- Retirement fairs
- Life simulations
Eligible applicants include credit unions, CUSOs, state credit union associations, state credit union foundations, any other organization owned or controlled by credit unions and other nonprofits.
Applications will be reviewed by the Foundations’ Grant Committee from July 15 – Sept. 1, 2015, and grant contracts will be signed and disbursed to successful applicants on or around Oct. 1, 2015. The grant timeline will be for 12 months beginning from the date of the contract.
Questions should be directed to Lois Kitsch at (407) 616-2409 or lkitsch@ncuf.coop.