Department of Education Awards Grant to CEE

POSTED: April 26, 2011 | BY: Leslie Rasimas | TAGS: ,

New York, NY – April 26, 2011 – The Council for Economic Education (CEE) will distribute $1.5 million through the Excellence in Economic Education (EEE) Program for the seventh consecutive year.

Since 2004, the U.S. Department of Education, Office of Innovation and Improvement has designated CEE as the lead grant recipient for the competitive EEE grant program. In turn, through a competitive process, CEE distributes the awarded funds to qualified educational organizations in an effort to strengthen and increase both teacher’s and student’s knowledge of economics.

Qualified applicants include any state education agency, local education agency, or state or local economic, personal finance, or entrepreneurial education organization that works with K-12 students. Applicants are required to show how they will match the federal grant with equal amount of funds from non-federal funding.

“The economic turbulence of the past few years has certainly heightened the importance of economic and financial literacy”, said Nan J. Morrison, CEE’s President and CEO. “The EEE grant program, focusing as it does on K-12 economic education, is an important way to ensure that meaningful economic concepts and practices will be taught in schools so young people can learn better decision making and ultimately have more opportunities to be successful in an ever changing global economy.”

Through the EEE Program, CEE promotes economic literacy among K-12 students, while giving teachers the understanding of economics they need to increase student mastery of economic principles and the practical applications of those principles.

Additional objectives of the EEE Program are to:

  • Increase student’s knowledge of and achievements in economics;
  • Strengthen teachers’ understanding of and competence in economics;
  • Encourage economic research and development;
  • Assist states in measuring the impact of education in economics; and
  • Leverage and expand increased private and public support for economic education partnerships at the national, state and local levels.

For additional information on the EEE Program, visit the Excellence in Economic Education page.

About the Council for Economic Education:
The Council for Economic Education envisions a world in which people are empowered to make informed and responsible choices throughout their lives as consumers, investors, citizens, and participants in the global economy. The CEE advocates for better and greater school-based economic and personal finance education at the K-12 level through well-prepared teachers and high quality programs that help young people achieve economic and financial literacy. Each year the CEE’s programs reach more than 150,000 K-12 teachers and over 15 million students in the United States and in more than 36 other countries.

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