Don’t miss your opportunity to attend Iowa Jump$tart’s Annual Conference for Personal Financial Literacy July 16 at the FFA Enrichment Center in the Ankeny DMACC campus. This conference is designed especially for educators, and provides a wealth of programs and materials to help teach financial literacy. Keynote sessions will include Mike Finley (aka the Crazy Man in the Pink Wig), Lincoln Hughes of EverFi and Robert Kinzer of the FDIC. There will also be a number of breakout sessions featuring a variety of free tools and resources you can use. In addition, K-12 educators have a chance to win a sponsorship to the national Jump$tart Conference in November.
Click here to learn more and to register.
The spring edition of Money Smart News, a financial literacy resource provided by the FDIC, features two youth-focused initiatives and resources. The first, Money Smart for Young People, is a new set of educational materials for teachers, parents, and caregivers that can be used to educate children on how to manage their money. The second, Youth Savings Pilot Program, promotes access to financial services for young people by connecting financial education in schools with the opportunity to open bank accounts and begin saving money. “By engaging young people and their parents in discussions about key financial concepts and choices, we hope to enhance their financial capability and improve the likelihood that children and families will participate in the mainstream financial system,” said Mark Pearce, director at the FDIC. “In addition to the benefits of safety and security, the FDIC believes that an account with an insured depository institution can be a stepping stone to economic opportunity.”
Click here to access the financial literacy resources available in the spring edition of Money Smart News.
The Iowa Jump$tart coalition would like to thank Veridian Credit Union for its generous $1,000 award to help support Iowa Jump$tart financial literacy initiatives. The award was recently presented by Veridian to Iowa Jump$tart Coalition President Mary Sandvig (pictured left).
The state-wide financial literacy competition was a free online financial literacy program that tested students’ knowledge about income and money management, spending and credit, and savings and investing.
Participating schools included Treynor, Madrid Junior and Senior High School, Tri-Center High School, Essex Junior and Senior High, MOC-FV High School, River Valley, Sioux Center High School, and Creston Middle School.
MOC-FV High School took the overall winning title, qualifying them for nationals. However, the winning teams from MOC-FV were unable to attend nationals due to graduation and state track. The next highest scoring team was from River Valley. Teacher Teena Dreckman attended the national competition in Kansas City with her students: Katie Reinking, Paige Korver, and Emily Hoy.
The challenge was sponsored by the Iowa Jump$tart Coalition and Wells Fargo.
Region one high school division:
- First place: Maria Cuevas, Aricson Knoblock, and Monica Nicholson of MOC-FV High School
- Second place: Sarah Schwarz, Kyle Van Der Stoep, and Cara Venema of MOC-FV High School
Region three high school division:
- First place: Sammy Anderson, Erin Bolte, and Brian Tessmer of Tri-Center High School
- Second place: Grace Lisle, Hannah Pettit, Jesse Pursell, and Shelbie Weihs of Tri-Center High School
Region one middle school division:
- First place: Skylar Mesner, Adrian Meza, and Ariaqna Meza of River Valley
- Second place: Jacob Henderson, Kera Johnson, Hailey Joy, and Ashton Lichtenburg of River Valley
Region three middle school division:
- First place: Brendan Mass, Amanda Kern, Alora Nowlin, and Brett Phelps of Treynor
- Second place: Megan Carley, Maria Carolus, Kyle Christensen, and Dane Dunbar of Treynor
We would like to recognize Simpson College as our current Member Spotlight. Simpson College has been a supporter of Financial Literacy for many years. They have hosted the 2009 Jump$tart Personal Financial Literacy conference and have participated in many volunteer activities to promote financial literacy.
This long-time member of the Iowa Jump$tart coalition is represented by Heather Gaumer, assistant director of admissions and financial assistance at Simpson College. She has been an integral part of the coalition and has participated as a member of the Marketing Committee as the Facebook administrator.
Every year at Simpson, Heather presents around 10 financial literacy workshops to students. The topics range from budgeting to financial aid and from student loan repayment to managing expenses after college.
Simpson also utilizes an online product called GradReady, located online here. With this product, students are able to create an account, take personal finance quizzes, watch videos and track their student loan records.
During the month of February Simpson also hosts an all student event on campus to raise awareness about financial assistance in honor of Financial Aid Awareness Month. This past February, the event was “Pirate” themed and included a financial aid scavenger hunt and an opportunity to “walk the plank” by correctly (or incorrectly) answering personal finance questions.
Simpson’s Student Support Services office hosts a variety of events and activities on campus in April for Financial Literacy Month, including guest speakers and other activities with students.
You may find more about this member at: http://simpson.edu/.
Katherine Currier, an eighth grader at Goodrell Middle School, has won the statewide financial literacy essay contest for Money Smart Week Iowa and has been named Iowa’s 2015 Money Smart Kid. Currier was recognized April 24 at Goodrell Middle School. Currier will also receive a $1,000 Certificate of Deposit sponsored by the Iowa Bankers Association.
“Financial education is an important subject for students to learn early, and it is exciting to see these students’ learning more about real-world applications and solutions to help with saving,” said Lori Ristau, vice president of marketing and communications at the Iowa Bankers Association. “Iowa banks are committed to helping Iowans reach their financial goals, and providing access to financial education resources through programs like Money Smart Week is just one of the many ways banks can help. That is why we are happy to sponsor this fun and educational opportunity for Iowa students on behalf of our member banks.”
Approximately 229 students from across the state participated in the essay contest. To be eligible, students had to be in grades seventh through eleventh and submit a 300-word essay. The essay asked students to describe the biggest obstacle to saving money and what technological and/or banking solutions might help them (and their friends) begin to save. The top six essay finalists also participated in an interview with contest judges. From those finalists, Katherine Currier was selected to be the 2015 Money Smart Kid.
“For the second straight year, we have had over 200 essays from bright students across Iowa,” said Matt Brown, chair for the Money Smart Youth Outreach Committee. “This year’s question placed a fundamental financial concept–saving–in front of middle and high school students, and we got a glimpse of the future by reading their creative ideas for technological and/or banking solutions. I could not be more pleased or hopeful for Iowa’s future.”
Currier wrote in her award-winning essay, “Many people start saving money, but soon quit because the urge to spend gets the better of them. The sooner kids are encouraged to save, the sooner they develop good habits for balancing wants and needs.”
Currier is the daughter of Larry and Vona Currier. As Iowa’s 2015 Money Smart Kid, Currier will serve as a spokesperson promoting financial education during Money Smart Week, April 18-25, in communities across the state. In addition to Currier, the five essay finalists were: Samantha Dilocker (Red Oak), Laura Stowater (Algona), Rachel Kerger (Ankeny), Andrew Wise (Johnston) and Christian Elliott (Bettendorf).
More information about Money Smart Week is available at www.moneysmartweek.org.
Ten Iowa Schools Receive $1,000 Award for Project Financial Literacy Participation Sponsored by the Iowa Bankers Association
Ten Iowa schools have been selected to receive a $1,000 award from the Iowa Bankers Association and its member banks and for participating in Project Financial Literacy. Project Financial Literacy is a program designed to promote financial literacy education by providing high schools with resources to measure and improve their financial literacy curriculum.
The awards and winning schools included:
- Highest Scoring School Award: ADM Senior High School, Adel (Sponsored by Raccoon Valley Bank)
- Most Improved School Award: Postville High School, Postville
- Highest Number of Participating Students Award: Southeast Polk High School, Pleasant Hill
- Highest Percentage of Participating Students Award: Marquette Catholic School, Bellevue (Sponsored by Bellevue State Bank)
- Northwest Regional Participation Award: Spirit Lake Highs School, Spirit Lake
- Northeast Regional Participation Award: Jesup High School, Jesup
- Central Regional Participation Award: Ballard Community Senior High School, Huxley
- East Regional Participation Award: Regina Jr Sr High School, Iowa City (Sponsored by MidWestOne Bank)
- Southwest Regional Participation Award: Tri-Center High School, Neola
- Southeast Regional Participation Award: Pella High School
All Iowa schools who participated in this program by Feb. 13 were eligible for one of 10 awards. Nearly 50 Iowa schools participated in the program this year, reaching more than 1,800 students.
“Financial literacy education is so critical to these students’ future success, and to the economic success of our communities. All of the participating schools are to be commended for their work in promoting financial education with their participation in this program,” said Lori Ristau, vice president of marketing and communications for the Iowa Bankers Association. “This program also aligns perfectly with the core values of Iowa banks. Iowa banks are not only a resource for financial products and services, but also a resource for financial expertise and advice. Financial literacy is at the heart of what Iowa banks do.”
The winning schools can use the $1,000 award can be used to invest in their financial literacy programs or for providing scholarships to students.
Schools interested in participating in Project Financial Literacy next year can visit www.projectfl.org to learn more.