2012-13 Financial Literacy Innovation Grants
| Grants will be administered by DPI through a competitive grant program to schools, partnering with their communities, to implement innovative, integrative programs and events in order to improve financial literacy among Wisconsin youth. Grant awards are limited to one per school (from $500 to $10,000). However, a district may be granted a maximum of three individual grants OR apply for up to three times the total allowable grant dollars ($30,000) for a single grant that impacts multiple schools, an entire district, or a consortium of schools or districts, and are encouraged to develop ideas with community and business partners to support personal financial literacy for students. These grants are available through a partnership between the Governor’s Council on Financial Literacy along with the Wisconsin Department of Financial Institutions (DFI), Wisconsin Department of Public Instruction (DPI) and the Wisconsin Women’s Council (WWC). Questions can be directed to Jennifer Wegner, Assistant Director of Career and Technical Education, at jennifer.wegner@dpi.wi.gov or (608) 266-9609.
Application (due June 15, 2012)
Joint Press Release
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The 2012 Money Smart Week is April 21-28, 2012.
Today’s young people face financial choices that have expanded well beyond what their parents or grandparents dealt with as teens and young adults. An estimated 80 percent of Wisconsin students work while they are in high school and nearly one-third have personal checking accounts and credit cards in their own names. From college savings plans to investment funds and various retirement accounts, to the wide range of borrowing options, students need to make wise financial decisions as they avoid excessive debt and have adequate resources to meet their personal financial goals.” said State Superintendent Tony Evers in a guest editorial for Money Smart Week, October 10-17, 2009.
Financial Literacy in Wisconsin is a PRIORITY! To best address this priority, the Department of Public Instruction is pleased to offer multiple RESOURCES for PK-12 educators to infuse into their curriculums!
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Wisconsin's Model Academic Standards for
Personal Financial Literacy
The knowledge and skills set forth in the personal financial literacy standards cross all grade levels and disciplines. A comprehensive, developmentally appropriate pre-kindergarten through grade 12 program can promote peronal financial literacy throughout numerous curricular areas. Educators from all grade levels can use the financial literacy standards to align instruction and create curriculum and activities designed to instill within students a desire to be financially literate. The stardards are intended to help schools develop programs that provide the knowledge and skills to establish sound financial habits.
Locate the standards electronically here.
Or purchase the complete document through DPI Publications. |
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Planning Curriculum in
Personal Financial Literacy
Developed to be used with the Wisconsin Model Academic Standards for Personal Financial Literacy, the Planning Curriculum in Personal Financial Literacy can help guide districts and educators in the planning of a program and lessons to promote financial literacy PK-12.
Forward
Introduction: Defining Financial Literacy
Chapter 1:
Building an Effective Financial Literacy Program
Chapter 2: Planning Instruction in Financial Lieteracy--Units, Resources, and Activities
Chapter 3: Creating Assessments in Financial Literacy
Chapter 4: Designing Professional Development to Promote Understanding
Appendix A: Wisconsin's Model Academic Standards for Personal Financial Literacy
Appendix B: Sample Activities That Connect to Wisconsin's Model Academic Standards
Appendix C: A Checklist of Ideas and Suggestions for Parents, Students, Teachers, and Community
Appendix D: Ideas for Moving Forward with Financial Literacy Education
Appendix E: Sample Activities for Each of the Content Standards
Appendix F: Sample Common Rubric/Portfolio Rubric
Appendix G: Individual Student Growth
Appendix H: Resources
Appendix H Updated 2012: Resources
Or purchase the complete document through DPI Publications. |
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Financial Literacy: TEACH IT!
As a companion to the standards and curriculum guide, the Department of Public Instruction, in conjunction the Educational Communications Board (ECB), presents Financial Literacy: TEACH IT! This web link provides educators with resources and professional development to effectively teach financial literacy. The web site features twenty-one lessons taped in Wisconsin’s elementary, middle and high school classrooms. Wisconsin’s Model Academic Standards for Personal Financial Literacy serve as the foundation for this multi-media resource. Financial Literacy: TEACH IT! débuted during Money Smart Week, beginning Sunday, October 11, 2009. |
Further Resources
Wisconsin Based Resources and Assistance
2010 Financial Literacy Report: an interim view of Wisconsin's Financial Literacy legacy and future. [.pdf 1.5M, 36 pages]
"Families Stand Together" will be followed by "Your Life, Your Money" produced by Jump$tart national partner, WNED Buffalo/Toronto, and hosted by Donald Faison, star of "Scrubs." Your Life, Your Money is aimed at young adults who want to get their financial lives on track. It features a number of financial experts, including our friends Michelle Singletary (of Wisconsin) and Beth Kobliner. http://www.pbs.org/your-life-your-money/
The Students In Free Enterprise (SIFE) team at the University of Florida is conducting the 3rd annual Financial Literacy Challenge for high school students this year.
The University of Florida SIFE Financial Literacy Challenge is a multiple choice, multiple round, online quiz competition about basic financial literacy topics. Students are directed to http://www.knowmoremoney.org/ and are asked to study the material on the website. The students are then tested through a timed quiz on what they learned. The participant that learns the most and scores the highest after two rounds of quizzes earns a scholarship toward a college/community college education. There are no lengthy essay, GPA or recommendation letter requirements. Students only need to concentrate on learning the information about financial literacy and taking a 5-7 minute quiz based on what they learned.
This SIFE team partnered with the Common Knowledge Scholarship Foundation to deliver these online quizzes. Last year this program reached over 4,000 students across the country and this year will award $2000 to the first, second, and third place winners.
More than ever, financial literacy is an important topic. Please help spread the word about this educational program and the scholarship opportunity that goes with it.
Study: “Are Teachers Making the Grade in Personal Finance Education?"
Personal Finance Survey
A survey of the businessed list serv was conducted to gather information about school districts offering personal finance courses. Responses were summarized into report format including: school district, name of course, department responsible for course, duration of course, grades offered, and requirement for graduation.
Personal Finance Report [.pdf, 40K, 17 pages] (revised November 2011)
Click here for helpful resources that show that teaching financial literacy is effective.
School Districts in Wisconsin with Credit Unions [.pdf, 44K]
Joint DPI/DFI Editorial
State Superintendent Tony Evers and Department of Financial Institutions Secretary Peter Bildsten issued an editorial on the importance of teaching personal financial literacy in school. “Students who are financially literate when they graduate from high school will be better equipped to handle the economic decisions they will face as adults,” they said.
Additional information is available in the editorial on the Department of Public Instruction newsroom website
http://dpi.wi.gov/eis/pdf/dpinr2012_23.pdf
Click here: for information on
Reality Stores and links to
Calendar of Events around the state.
For further information about Personal Financial Litearcy in Wisconsin, contact:
For questions about this information, contact Jennifer Wegner (608) 266-2348
Last updated on 3/29/2012 2:30:40 PM
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