As the retail season heats up, today's youngest consumers are likely getting ready to spend a lot of money. Yet 44% of high school students, who report that they do NOT know what a credit score is, still plan to get their own card in the next year. Yikes. At Washington Federal, promoting and sponsoring financial literacy is one of our primary giving focuses. To help us, we began partnering with EverFi a couple of years ago.
EverFi is a web-based course that uses video, animations, 3-D gaming, avatars and social networking to bring financial concepts to life for today's digital generation. Course curriculum aligns with both state and national financial literacy standards.
This financial education program is in selected high schools in Arizona, Idaho, Nevada, New Mexico, Oregon, and Utah, at no cost to the schools or taxpayers.
Recently, we teamed up for the second year with Phoenix, Arizona's Metro Tech High School to bring the program to their students. At Metro, all sophmores are required to complete the EverFi course this year. Additionally, all juniors and seniors that have not completed the course must do so prior to graduation.
Nationally 73% of students felt "Extremely Prepared" or "Very Prepared" after taking these financial education courses.
Currently over 600 students at the school are using the program this semester and have already completed nearly 1,700 individual learning modules. Each learning module represents almost one hour of learning time.
But we're offering more than just online courses at Metro. This fall, several of our teammates will be volunteering to host mock interview days for the students. We're excited about the opportunity to assist with teaching the next generation these valuable skills!
Interested in bringing financial education to your school! Email us at email@example.com for information. And check out our other blog posts for more details about our financial education efforts.
[caption id="attachment_1956" align="alignleft" width="640"] Financial education graduates at Caldwell, Idaho's Vallivue High School.[/caption]