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2017Governor’s Financial Literacy Award
Recognizing individuals and organizations for excellence in increasing financial literacy among Wisconsin citizens
Purpose The Governor’s Council on Financial Literacy (council) will select individuals and organizations that demonstrate the criteria listed below in elevating financial literacy in Wisconsin. The Governor’s Financial Literacy Award (award) and accompanying media will recognize their accomplishment,
amplify their successful financial literacy activities, and encourage others to promote and support
financial literacy. Please see instructions at the bottom of the nomination form.
Criteria Innovative implementation of an effective financial literacy program or program element
within the last two years. Examples of innovations are experiential education, simulations
(online or on site), gamification platforms, new curriculum, new method of delivery,
expanding into new populations such as students, seniors or elders, ethnic groups, employees,
low- to moderate-income families, etc.
Demonstrated measurable results
Collaboration with partners
Scalability of the program design
Categories Individual – Any person providing exceptional financial literacy education in an
innovative manner
Organization/Business – Any organization or business promoting financial literacy in an
innovative manner through its initiatives
Legacy – Any individuals, organizations or businesses whose purpose and heritage is
ingrained in sustained financial literacy and capability, and whose reputation in doing so is
held in high regard as to serve as a model for others in carrying on the work of supporting
financial literacy and expanding opportunities through financial capability. This lifetime
recognition is intended to be conferred once to the recipients.
Selection ProcessThe council’s Awards Work Group (work group) will accept nominations on or before December 1, 2017. The final selection of awards will be made in late 2017.
Granting of AwardsThe award may be granted any time after the work group has made its selection. The council directs
the Department of Financial Institutions staff to coordinate with the work group to confer the awards.
QuestionsPlease contact David Mancl, Council Executive Director, WI Department of Financial Institutions,
Office of Financial Literacy ([email protected], 608-261-9540) or Theresa Dietzel, Office of the Secretary, WI Department of Financial Institutions ([email protected],
608-267-1709).
2017 Nomination Form
Select one category:
Innovation Award – Individual (any person providing exceptional financial literacy education in an innovative manner within the last two years)
Innovation Award – Organization/Business (any organization or business promoting financial literacy education in an innovative manner within the last two years)
Legacy Award – Any individuals, organizations or businesses whose purpose and heritage is ingrained in sustained (i.e., more than two years) financial literacy and capability, and whose reputation in doing so is held in high regard as to serve as a model for others in carrying on the work of supporting financial literacy and expanding opportunities through financial capability. This lifetime recognition is intended to be conferred once to the recipients.
Information about the nominee: Name (First, Middle Initial, Last):Contact Person: Address: City/State/Zip:Email:Telephone:
Information about the nominator:
Name: Contact Person:Address: City/State/Zip:Email:Telephone:
2017Nomination Form
Individual/Organization/Business
Please briefly state why the nominee meets the criteria of the Governor’s Financial LiteracyAward.
1. How has the financial literacy initiative been innovative in its implementation?
2. How many individuals were impacted by the financial literacy program during the pastyear?
3. What were the results of the nominee’s initiative(s) and how were the results measured?
4. Please list specific metrics, such as increase in financial literacy knowledge or changes infinancial intentions or behavior.
5. Who were the collaborating partners (if any) of the initiative and what were their roles?
6. Please mark any of the following that apply:
The initiative(s) has/have a statewide scope
The initiative(s) has/have the potential to be replicated or expanded to serve additional people.
Instructions: 1. Please save this nomination form to your computer, 2. Using the saved document, complete it by filling in the necessary information, 3. Save or print it, 4. Submit the completed nomination via email to: [email protected]. You are encouraged to attach any program materials or supporting documents that illustrate your financial literacy initiatives.
Thank you for your nomination
2017
Nomination Form
Legacy Please briefly state why the nominee meets the criteria of the Governor’s Financial Literacy Award.
1. How has the nominee been innovative in its implementation?
2. How many individuals were impacted by the nominee’s initiative?
3. What were the results of the nominee’s initiative(s) and how were the results measured?
4. Please list specific metrics, such as increase in financial literacy knowledge or changes infinancial intentions or behavior.
5. Who were the collaborating partners (if any) of the initiative and what were their roles?
6. Please mark any of the following that apply:
The initiative(s) has/have a statewide scope
The initiative(s) has/have the potential to be replicated or expanded to serve additional people.
Instructions: 1. Please save this nomination form to your computer, 2. Using the saved document, complete it by filling in the necessary information, 3. Save or print it, 4. Submit the completed nomination via email to: [email protected]. You are encouraged to attach any program materials or supporting documents that illustrate your financial literacy initiatives.
Thank you for your nomination
Educators Credit UnionFinancial Education Impact Report
2016-2017 School Year
Financial Education Program ReachFor the 2016-2017 School Year
Since our founding in 2008, EVERFI’s financial education courses have reached millions of students in communities across the country.
Your partnership provides these digital education resources to schools in your community at no charge to the school or district, ensuring that students receive the engaging financial education resources they deserve.
Your Impact
4,587
Students
75
Schools
11,630
Hours of Learning
2
Financial education courses cover everything from introductory topics like saving and budgeting to advanced topics like insurance, taxes, and investing.
After completing your financial education program, students have a more thorough understanding of financial concepts and are better prepared to make decisions now that will help them achieve their financial goals in the future.
Community Investment ImpactFor the 2016-2017 School Year
Educators Credit Union and EVERFI are both committed to delivering high-quality, unbiased financial education at scale to schools in the highest need communities at no cost to the students, schools, or taxpayers. The courses students receive align with state, national, and Jump$tart Coalition financial literacy standards and are recognized by the CFPB as being a trusted resources for financial education.
Your Impact in Low- to Moderate-Income Communities
1,095
Students
23
Schools
2,170
Hours of Learning
3
EVERFI defines low- to moderate-income schools as those where more than 50% of students are eligible for free- or reduced-price lunch programs, based on data from the National Center for Education Statistics (NCES).
After receiving financial education, students report a substantial increase in preparation to apply for financial aid.
Student Demographics
Race & Ethnicity
Gender Grade Level
Parents’ Education
Male 53%
Female 47%
Middle School 7%
Freshman 6%
Sophomore 10%
Junior 35%
Senior 43%
Black/African American 12%
White/Caucasian 68%
Hispanic/Latino 13%
Asian/Pacific Islander 3%
Native American Indian 1%
Other 4%
Some high School 18%
High School Graduate/GED 15%
Technical College Graduate 5%
Some College 12%
College Graduate 29%
Graduate Degree 21%
4
83 83 8389
84 85 86 86 87
52 5154
71
43
5356 55
50
Savings Banking Payment Types
Credit Scores
Financing Higher Ed
Renting vs Owning
Insurance and Taxes
Consumer Protection
Investing
Score % After Lesson Score % Before Lesson
Knowledge Gain:EVERFI
After taking EVERFI – Financial Literacy, your students increased their scores on assessment tests by an average of 59%. Here’s how they performed by topic:
Students showed the most gain in Financing Higher Education and Investing
5
89 8883
8983 81
62 60 59
7175
56
Responsible Money
Choices
Income and Careers
Making Plans with Money
Credit and Borrowing
Insurance and Safety
Savings and Investing
Score % After Lesson Score % Before Lesson
Knowledge Gain:Vault
After taking Vault – Understanding Money, your students increased their scores on assessment tests by an average of 34%. Here’s how they performed by topic:
Students showed the most gain in Savings and Investing and Income and Careers
6
Preparedness: Money Management
Research shows that feelings of self-efficacy – confidence in one’s ability – are an important outcome of financial education, contributing to financial capability into adulthood. After taking EVERFI – Financial Literacy, students are more confident and better prepared to make financial decisions.
Here’s what they told us they are now prepared to do after taking a financial education course:
7
77%Decide how much of their money to spend and
how much to save. Up 37% from before the course.
73%Know which payment type to use for a
purchase. Up 37% from before the course.
67%Apply for financial aid or loans to help pay
for college. Up 110% from before the course.
75%Choose the right type of bank account for their
money. Up 70% from before the course.
69%Check their credit score and understand what
it means. Up 109% from before the course.
77%Decide whether to rent or buy a home in the
future. Up 64% from before the course.
2016-2017 Classroom Events
8
68%
“Victor, thank you for coming to Dominican! My students loved hearing all of your personal stories and I think you offered
them some really great advice heading into college. EVERFI is such an amazing resource and I am so glad my students were able to learn from it!“
-Cora Bryne, Personal Finance Teacher at Dominican High School
14 Total Events
from a Goal of 10!
From Students and Educators
“I liked best that this program simplified otherwise complex and under-explained concepts around money. I actually understand what a
credit score is now! I am going to college next year and will definitely be using what I learned during those four years and after that.”
From Students
“This program provided me with real life examples that made it helpful to understand different situations around money. I think that I’m going to get
better grades in Personal Finance now but also ask more questions about how much I am saving and spending.”
Student Dominican High School, WIStudent Kettle Moraine High School, WI
From Teachers93% of teachers would recommend the EVERFI course they used this year to a fellow teacher.
“We love that the program is at no-cost to us, the content is awesome, and it’s a different way for students to learn. Students can interact with
content and get immediate feedback that I can’t do one-on-one in the classroom.”
Wisconsin High School Teacher
9
Students can navigate the program easily and the financial information is presented in an entertaining format. The content is specific, clear and does not drag for the
students. The students like the step-by-step instructions as well as the explanation on “why” they picked the wrong answer. I also like EVERFI because the modules can be done anywhere at any time. The students never feel rushed and are motivated to complete the next
module. EVERFI is a wonderful addition to my Personal Finance curriculum
Chris LeDuc, Personal Finance TeacherKettle Moraine High School, WI
Vault-Understanding Money:Program Reach by SchoolEducators Credit Union brought the Vault-Understanding Money Program to 35 schools during the 2016-2017 school year. Here are the details.
10
School Name School District # of Teachers Using Sum of Students Using
Atwater Elementary Milwaukee School District 1 10
Bruce Elementary Milwaukee School District 1 21
Burdick Elementary Milwaukee School District 1 69
Congress Elementary Milwaukee School District 1 23
Craig Montessori School Milwaukee School District 1 23
Eastview ElementaryLake Geneva J1 School District 1 22
Fratt Elementary Racine School District 1 24
Gifford Elementary Racine School District 6 241
Goodland Elementary Racine School District 1 20
Hampton Elementary Milwaukee School District 3 49
Holy Apostles School N/A 1 102
Horlick High School Racine School District 1 18
Jackson ElementaryElkhorn Area School District 1 75
Janes Elementary Racine School District 2 26Jefferson Lighthouse Elementary Racine School District 1 23Jerstad-Agerholm Elementary Racine School District 1 22
Jones Elementary Racine School District 1 17Kansasville Elementary School Dover #1 School District 1 19Les Paul Middle School -Central Campus Waukesha School District 1 145
Longfellow Elementary West Allis School District 3 68
Vault-Understanding Money:Program Reach by SchoolEducators Credit Union brought the Vault-Understanding Money Program to 35 schools during the 2016-2017 school year. Here are the details.
11
School Name School District # of Teachers Using Sum of Students Using
MeadowbrookElementary WaukeshaSchoolDistrict 1 33
MitchellElementary WestAllisSchoolDistrict 4 81
MitchellMiddle RacineSchoolDistrict 1 4
NikolayMiddle CambridgeSchoolDistrict 1 19NorthCapeElementarySchool
NorthCapeSchoolDistrict 1 33
NorthParkElementary RacineSchoolDistrict 1 21
RedAppleElementary RacineSchoolDistrict 3 70
SchulteElementary RacineSchoolDistrict 1 28ShepardHillsElementary
OakCreek-FranklinSchoolDistrict 2 54
StarCenterElementaryLakeGenevaJ1SchoolDistrict 3 56
TibbetsElementaryElkhornAreaSchoolDistrict 1 57
TrevorGrade
Trevor-WilmotConsolidatedSchoolDistrict 1 64
WaunakeeIntermediateWaunakeeCommunitySchoolDistrict 1 61
WestRidgeElementary RacineSchoolDistrict 1 28
WestSideElementaryElkhornAreaSchoolDistrict 2 98
EVERFI Financial Literacy:Program Reach by SchoolEducators Credit Union brought the EVERFI Financial Literacy Program to 40 schools during the 2016-2017 school year. Here are the details.
12
School Name School District # of Teachers Using Sum of Students Using
Badger Middle West Bend School District 1 120
Big Foot HSBig Foot Uhs School District 1 106
Brown Deer High SchoolBrown Deer School District 1 48
Bullen Middle Kenosha School District 1 71
Burlington High SchoolBurlington Area School District 2 190
Cap Services N/A 1 11
Case High School Racine School District 1 27Children's Hospital of WI N/A 1 4Clark Street Community School
Middleton – Cross Plains Area School District 1 10
Cudahy High School Cudahy School District 1 27Delavan-Darien High School
Delavan-Darien School District 1 111
Dominican High School N/A 1 25
Eachieve Waukesha School District 1 52
East High West Bend School District 1 106
East High SchoolMadison Metropolitan School District 1 72
East Troy HighEast Troy Community School District 1 13
Elkhorn Area High School
Elkhorn Area School District 1 19
Harborside Academy Kenosha School District 1 53
Horlick High School Racine School District 1 37Innovative and Alternative High School
Madison Metropolitan School District 2 35
EVERFI Financial Literacy:Program Reach by SchoolEducators Credit Union brought the EVERFI Financial Literacy Program to 40 schools during the 2016-2017 school year. Here are the details.
13
School Name School District # of Teachers Using Sum of Students Using
Jefferson High Jefferson School District 1 47
Kettle Moraine HighKettle Moraine School District 5 276
Memorial High SchoolMadison Metropolitan School District 1 81
Nicolet High Nicolet Uhs School District 1 22
Oak Creek HighOak Creek-Franklin School District 1 93
Oconomowoc HighOconomowoc Area School District 1 104
Park High School Racine School District 4 238
Pewaukee High Pewaukee School District 1 59Racine Lutheran High School Racine School District 1 42Random Lake High School
Random Lake School District 2 68
Reuther Central High School Kenosha School District 1 31
South High School Waukesha School District 1 79
The Real School (WI) Racine School District 1 48
Tremper High School Kenosha School District 1 64Union Grove High School
Union Grove Uhs School District 1 51
Walden Iii High School Racine School District 2 108
Waterford High SchoolWaterford Uhs School District 1 16
West High SchoolMadison Metropolitan School District 1 95
Westosha Central High School
Central/Westosha Uhs School District 1 50
Wilmot Union High School Wilmot Uhs School District 2 154
