For the 2021-2022 academic school year, we reached 469 students at 9 schools for a total of 1,789 hours of financial literacy learning.
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.
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 October 2022 newsletter, 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.”