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 Council for Economic Education was awarded the first-ever grant for carrying out the goals of the EEE. One year later, in another competitive application process, Council for Economic Education 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, 2008 and now again in 2009.

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2009 Excellence in Economic Education Subgrants Awarded

The Council for Economic Education received 284 proposals for projects to be conducted as part of the 2009 Excellence in Economic Education grant from the Department of Education. Of these, 101 projects, spanning 45 states, were accepted for a total funding award of $1,098,709.88. A listing of grant recipients and their projects from all past years can be found below.

• 2009 Non-Research Grant Activities RFP
• 2009 Research Grant Activities RFP

Econometrics Modules

The modules were developed by Dr. William E. Becker, Jr. of Indiana University through a cooperative effort between the Council for Economic Education, and the American Economic Association Committee on Economic Education. This new work is part of the Absolute Priority direct activity component of the Excellence in Economic Education grant to the Council for Economic Education and funded by the U.S. Department of Education Office of Innovation and Improvement, grant number U215B050005-08. The contents of these modules do not necessarily represent the policy of the Department of Education, and you should not assume endorsement by the Federal Government.

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 | 2008 | 2009
  • School-based Student Activities:
    2004 | 2005 | 2006 | 2007 | 2008 | 2009
  • Teacher Training Workshops:
    2004 | 2005 | 2006 | 2007 | 2008 | 2009
  • Distribution of Curriculum and Teaching Materials:
    2004 | 2005 | 2006 | 2007 | 2008 | 2009
• EEE Research Grants
  • Economic and Financial Literacy Research:
    2004 | 2005 | 2006 | 2007 | 2008 | 2009
  • Evaluations of Impact of Economic and Financial Literacy Education on Students:
    2004 | 2005 | 2006 | 2007 | 2008 | 2009