SALEM, Ore. (KTVZ) – Across Oregon, Financial Empowerment Champions are helping people build safer lives. On Tuesday, State Treasurer Tobias Read announced yet another opportunity to recognize and celebrate their efforts.
As part of a new initiative to highlight and enhance financial literacy and wellness efforts, Treasurer Read and the Oregon State Treasury are launching a new annual award that will honor educators and outstanding organizations that help build financial empowerment in their communities.
âWe’re all in there. Anything that connects more Oregonians to resources that build financial security and confidence will help us all in the long run,â Treasurer Read said. âThe Oregon Treasury Financial Empowerment Awards will highlight champions who go the extra mile to improve financial literacy and financial well-being in our communities. â
Two prizes will be awarded each year: one will reward a teacher and the other will highlight an educational company, organization or enterprise. The deadline for applications is March 1, 2022.
The new rewards are sponsored in partnership with the Oregon College Savings Plan, a treasury program that helps Oregon residents save for job training and graduate school fees, reducing the need for student debt. later.
The financial empowerment educator will receive $ 1,500, plus $ 500 for their school. In addition, a group of students from the school – chosen at random – will share $ 500 in scholarships from the Oregon College Savings Plan.
The Financial Empowerment Community Champion organization will receive $ 2,000, and will be able to âpay it forwardâ and select another organization or financial empowerment effort to receive $ 500.
The awards are part of a Treasury initiative that will amplify and elevate financial literacy and inclusion efforts statewide, and is part of a series of recommendations from a citizen panel that met at the early 2021.
The recommendations also call for making financial education resources more accessible statewide, increasing the reach of financial empowerment in under-represented communities, and better coordination to advance financial education efforts and public policies.
The group also suggested creating a new committee to help maintain and target awareness of financial literacy and well-being. This panel, which is chaired by the Treasurer, is meeting for the first time today, November 16, and regular meetings will follow.
More information and the application form are available here. Applications also require one to two letters of recommendation.
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