Next Gen Personal Finance has launched a $1 million California Challenge Grant Program to support schools and educators in California that are offering personal finance courses ahead of the state’s 2027-28 implementation requirement.

With the passage of AB 2927 in the 2024 legislative session, all public high schools in California will be required to implement a semester-long personal finance course by the 2027-28 school year. Starting with the graduating class of 2031, all California students will be required to take the course before graduation.

This grant program is designed to accelerate students’ access to personal finance education by supporting the implementation of high-quality, standalone semester-long financial education courses in California high schools ahead of the 2027-28 deadline.

Under NGPF’s California Challenge grant program, schools that add a personal finance course in the 2025-26 school year are eligible to earn a $3,500 grant; those adding courses in the 2026-27 school year are eligible to receive $2,500. Districts can receive up to $35,000 if 10 schools within the district add a personal finance course next year.

The grants are exclusive to new standalone personal finance courses and can fund a variety of implementation supports, including professional development, field trips and technology upgrades. Details on how educators can apply for NGPF’s California Challenge grant program are available at bit.ly/3BBoV90.

Educators seeking more information about the NGPF Challenge Grant can contact Katie Ginsburg, California Partnerships and Adoptions manager, at katie@ngpf.org.