Since 2017, through a partnership with leading education technology company EverFi, Connexus Association has brought the Financial Scholars Program, an online financial education program, to classrooms in Central Wisconsin. During the 2019-2020 academic school year, Connexus Association expanded its support of the Financial Scholars Program to 2 additional counties, sponsoring up to 23 schools and reaching 326 students. For the current school year, we will maintain the same level of sponsorship.

We sponsor the Financial Scholars Program to make it available to schools at no cost, many of which are mandated to teach financial education but lack the funding for a qualified curriculum.The Financial Scholars Program reaches students through a web-based, interactive course that provides students real-life financial scenarios designed to supply young people with the essential skills needed to make sound financial decisions. Courses include different ways to acquire income, develop a saving and investing plan, create a budget, track expenses, make informed purchases, monitor and protect their money, and navigate financial institutions and financial products in addition to modern topic areas like the gig economy and mobile banking. Each topic is broken down so it is easy for students to understand. Additionally, the students can progress through each course at their own pace. EVERFI’s Financial Scholars Program was designed to help students grown and learn how to be financially capable.

Financial Capability: When an individual is financially literate, they understand basic financial ideas. When they are financial capable, they have good financial habits and believe they can manage their finances. When they are financially well, they actively make financial decisions with their present and future in mind. Learners build confidence and begin to develop the habits they need to support financial well-being.
 
Growing Financial Capability: Nationally, students report knowing more and feeling more prepared for their financial futures after receiving financial education. This is critical at an age when students’ engagement with the financial system is increasing. In the 2019-2020 Impact Report, you’ll see how we’re making a difference or building financial capability in learners’ knowledge, confidence, and habits.
 
Measuring Financial Capability: To measure the impact on learners ’ financial capability, EVERFI courses include pre-and post-lesson assessments for each topic, which measure student knowledge and learning. Courses for older learners also include pre-and post-course surveys that ask about attitudes and behaviors toward course topics.
 
A note from EVERFI: "The COVID-19 pandemic drove unprecedented level of school closures nationwide, with more than 55.1 million students across 124,000 schools impacted. School districts faced a new set of challenges --student access to technology at home, lack of robust remote learning plans, declining student attendance, student safety, food insecurity --while parents struggled with the homeschool balancing act. EVERFI was built for this moment. Throughout the pandemic, our focus has remained the same: provide educators and students with critical educational resources --accessible at any time, in any location, at no cost. We are proud to offer scalable and reliable education solutions for schools across the country and help lighten the load for teachers and districts during a stressful and unprecedented time. We were honored when two of the nation’s largest districts, New York City DOE and Los Angeles Unified, came to us to help them design their remote learning plans.”

 

 

 



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  EVERFI Impact Report
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