Discover to Give Nearly $180,000 to Boston Public Schools

BOSTON, MA - Discover Financial Services has announced it has awarded close to $180,000 in grant money to Boston Public Schools.

The grant will be used to fund financial education programs in 30 public high schools in Boston. It has been awarded as part of Discover's five-year Pathway to Financial Success program, which aims to implement financial literacy courses in public schools across the United States.

"In order for our students to be successful after they graduate they will need to know how to navigate the financial landscape they will encounter in their everyday experiences,” Boston Public Schools Superintendent Tommy Chang said in a statement. "This grant will provide our students with a course on financial literacy that will go a long way toward helping them gain the skills necessary for their adult lives.”

According to Champlain College's Center for Financial Literacy 2015 Scorecard, cited in the press release, 26 states received a grade of C, D, or F in financial literacy of high school students.

Now in its fifth year, the Pathway to Financial Success program has provided financial education to close to 1 million students; its Boston grant will reach 6,000 high schoolers in the public school system.