(1) Subject to the appropriation of funds for that purpose by the Legislature, the Fostering Prosperity program shall administer the following grants to youth and young adults aging out of foster care:

(a) Grants to provide financial literacy instruction using a curriculum developed by the Department of Financial Services in consultation with the Department of Education.

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Terms Used In Florida Statutes 1009.898

  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
(b) Grants to provide CLT, SAT, or ACT preparation, including one-on-one support and fee waivers for the examinations.
(c) Grants to youth and young adults planning to pursue trade careers or paid apprenticeships.
(2) If a young adult who is aging out of foster care is reunited with his or her parent, the grants must remain available for the young adult for up to 1 year after reunification.
(3) The State Board of Education shall adopt rules to administer this section.