Experiential Learning Grants Now Available
Over the past ten years, the Foundation has granted $35,000,000 to
credit unions and other organizations to start new programs, implement
new products and develop education strategies to build a stronger
membership and community.
Credit union organizations are now encouraged to apply for a Experiential Learning financial grant from the National Credit Union Foundation.
The deadline has now passed for experiential learning grant applications (7/15/15). Questions? Contact Lois Kitsch at firstname.lastname@example.org.
What the Grants Fund
Research has shown that most people learn best through experiential learning, or “learning by doing,” which is why the Foundation will support organizational efforts to start new programs or enhance existing experiential learning programs.
The following experiential learning programs are ones that the Foundation has had experience with and are favored:
- Reality Fairs – A hands-on financial literacy experience for high school students to learn some of the financial challenges they will face when they start life on their own.
- Retirement Fairs - In cooperation with CUNA Mutual Group, the “Route Your Retirement” program has been created, which assists credit union members and staff better prepare for retirement.
- Life Simulations - Also known as “Poverty Simulations”, this experience is designed to help credit union employees, volunteers, and leaders begin to understand what it might be like to live in a typical low-income family trying to survive from month the month.
Applications will be reviewed by the Foundations’ Grant Committee from July 15 – September 1, 2015, and grant contracts will be signed and disbursed to successful applicants on or around October 1, 2015. The grant timeline will be for 12 months beginning from the date of the contract.