Youth Financial Learning Act

HR 6327, the Youth Financial Learning Act, provides federal grants to state education agencies to integrate financial literacy education into public elementary and secondary schools. States use these funds to develop curricula covering topics like budgeting, credit, and student loans, and to award subgrants to local schools, prioritizing high-need areas. States must contribute 25% of the grant amount from non-federal sources and ensure programs sustain beyond the grant period. The bill directly affects public K-12 schools, requiring them to embed financial literacy into classroom learning and partner with community organizations for after-school programs. It authorizes funding for fiscal years 2024 through 2027.