Overview

• The pilot launches in the 2025-26 academic year across 15 districts spanning Manhattan, the Bronx, Brooklyn, Queens and Staten Island.
• City-contracted financial educators will offer free one-on-one counseling, workshops and classroom materials on budgeting, credit and fraud prevention.
• Officials plan to open 15 in-school bank branches and run banking simulations to give students practical saving and money management experience.
• Backed by a five-year, $25 million investment, the program is baselined in the municipal budget and designed to expand to all 32 districts by 2030.
• Mayor Eric Adams previewed the plan in his January State of the City address and inaugurated the pilot this week at Brooklyn Collegiate Preparatory High School.