Young Americans Financial Literacy Act

Summary

Young Americans Financial Literacy Act - Authorizes the Director of the Consumer Financial Protection Bureau (CFPB) to make competitive grants to, and enter agreements with, eligible institutions to establish centers of excellence to support research, development and planning, implementation, and evaluation of effective programs in financial literacy education for young people and families ages 8-24 years old. Limits the aggregate amount of grants made under this Act during any fiscal year. Sunsets the grant program at the end of FY2018. Defines "eligible institution" as a partnership of two or more of the following: (1) an institution of higher education; (2) a local educational agency; (3) a nonprofit agency, organization, or association; or (4) a financial institution.

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3 official files

• Introduced in House (text)

  Introduced in House · EN · 28 February 2013

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• Introduced in House (PDF)

  Introduced in House · EN · 28 February 2013

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• Introduced in House

  summary · EN · 28 February 2013

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