The High School Financial Planning Program® (HSFPP) will be retiring on July 31, 2021. Learn more about this decision.

Funding for HSFPP

The Funding Behind the Free: Who Covers the Cost for HSFPP?


Funding HSFPP

When HSFPP staff travel to conferences and events, we spread the message that our curriculum is provided at no cost. Even printed materials are shipped without any shipping or handling fees. The first question we are asked is: Where does the money come from? That's not surprising. We teach our students every day to be wary of free offers, to look for the 'catch.' To put your mind at ease, we would like to answer your commonly asked questions in a straightforward manner.

Q: Who pays for HSFPP?

A: The National Endowment for Financial Education® (NEFE®) funds 100 percent of HSFPP's printing, shipping and operating costs.

Q: Who funds NEFE?

A: NEFE is independently funded by its own endowment, which was established with the proceeds from the sale of the College for Financial Planning and related transactions in 1997. Additional growth is realized only through investment of the endowment's assets.

Q: Will NEFE charge for HSFPP in the future?

A: All NEFE resources are provided free of charge. HSFPP has been offered free to the community since 1984. No teacher has ever had to pay for a shipment or use of the materials, and there is no plan to change this in the future.

Q: How many students has HSFPP reached?

A: Thanks to our endowment, HSFPP has shipped over 11.5 million student guides to educators in all 50 states and to military bases around the world.

Q: Why does NEFE cover all costs?

A: NEFE wants to make sure that cost does not prohibit a teacher from having quality, unbiased financial education materials.

Q: Is NEFE commercially backed?

A: NEFE operates as a noncommercial entity, free from financial ties to other organizations. NEFE does not accept funding from the government or corporations and does not raise revenue through the sale of products or services.

Q: Is NEFE politically influenced?

A: NEFE is nonpartisan. NEFE provides information to both parties on request based on NEFE's research, but does not lobby or take a position on legislation.

Q: What does NEFE hope to accomplish?

A: NEFE champions effective financial education. We are the independent, centralizing voice providing leadership, research and collaboration to advance financial well-being. As one of the first organizations to wholly dedicate its efforts on improving the effectiveness of financial education, we continue our legacy of strengthening action-oriented research agendas, mobilizing intermediaries, and creating better solutions for researchers, educators, practitioners and policymakers.