86626Y0061-Financial Literacy for Youth Concept Paper

The NYC Department of Consumer and Worker Protection (DCWP) is seeking feedback on a concept paper for a forthcoming Request for Proposals (RFP) to operate City Tax Levy funded Youth Financial Empowerment Programs. The program aims to develop financially healthy adults by connecting teenagers, young adults, and their parents and caregivers to resources to build their knowledge of money management and consumer protection issues. The program will provide financial education, counseling, and coaching services to students, families, and teachers in New York City public schools. The total anticipated funding is $18,600,000 for the full contract term, with two options to renew for up to three years each. Key aspects of the program include: • Financial education and counseling services • Capacity building support for teachers and school staff • Partnerships with community organizations and financial institutions • Outreach and recruitment of students and families • Data collection and evaluation to track program outcomes The program will serve students, families, and teachers in all five boroughs of New York City, with a focus on low-income and underserved communities.