The National Endowment for Financial Education (NEFE) is accepting letters of inquiry for rigorous, innovative and actionable research that seeks to improve the public’s financial well-being and has the potential to make a profound contribution to the field of financial education.
Donor Name: National Endowment for Financial Education (NEFE)
State: All States
County: All Counties
Type of Grant: Grant
Deadline: 11/15/2022
Details:
NEFE-funded research informs the work of financial educators, practitioners, policymakers and the academic community. The characteristics listed below are not requirements; they should help you formulate a strong research question that aligns with their goals and priorities. They prioritize proactive inquiries initiated from any of the scholarly disciplines—not just finance or economics—whose findings may cultivate critical thinking in financial education.
They seek:
- Existing measures to be validated and grounded in theory
- The creation of new measurements that are grounded in theory
- Measures to be tested for validity across demographic attributes (e.g., race, ethnicity, socioeconomic status, gender, age cohorts).
- Sensitivity and awareness that individuals’ lived experiences vary and therefore measurement validity may differ across populations
Topic Areas
NEFE gives preference to well-designed projects that align with any of the following four topic areas:
- Measurement: Studies that re-evaluate current financial literacy metrics and how financial literacy, behavior, perception, knowledge and skill can be measured more effectively.
- Systemic Inequality: Studies that investigate knowledge, skill and wealth disparities, especially among populations that are statistically more likely to experience systemic barriers to improving their financial well-being.
- Data and Methodological Limitations: Studies that examine bias—specifically as it pertains to personal finance— to help our field identify knowledge gaps and to strengthen research data and design by including traditionally less heard voices.
- Youth Focus: Studies that examine inconsistencies in exposure to financial education among youth in the U.S. as well as variations in financial socialization and education within family units.
Eligibility Criteria
- They fund projects that are based on original research questions that necessitate rigorous, empirical and/or theoretical analysis. They also fund replication studies. To be eligible for funding from NEFE, the principal researcher must have the demonstrated ability to implement the methodology and analyze the results, and must be affiliated with a U.S. nonprofit college, university, research organization, or other 501(c)(3) nonprofit organization. For a graduate student, this could mean having a co-principal investigator heavily involved in supporting the research study.
- Your project should:
- Generate new data or utilize existing datasets; original data is not required
- Involve the direct study of U.S. households and individuals or issues and trends pertaining to them (i.e., the scope is domestic)
- Investigate direct impacts of financial education or propose research that results in findings impactful to the field
- Align with their research funding priorities
Ineligible
They do not fund projects that:
- Have commercial or proprietary elements
- Are related to the pilot, development, execution, evaluation, expansion or administration of specific programs, courses or curricula
For more information, visit NEFE.
