Bank of Sun Prairie has announced the launch of EVERFI: Financial Literacy, a new personal finance education program for high school students in grades nine to 12 at Sun Prairie East, Sun Prairie West, and Prairie Phoenix Academy. The course has been made available through Bank of Sun Prairie’s relationship with EVERFIÒ from BlackbaudÒ, the leader in powering social impact through education.
EVERFI: Financial Literacy teaches high school students how to make smart financial choices that promote financial well-being over their lifetime. The program features an interactive learning platform designed specifically to translate complex financial concepts like understanding a pay stub or completing the FAFSA (Free Application for Federal Student Aid) form and introduces the basic financial literacy skills needed as high-school students transition into adulthood. According to EVERFI, 71% of teens agree students should receive financial education in schools.
“In working with students, teachers, and advisors through the ACCEL Academy, Bank of Sun Prairie learned high school students were demanding formal education on financial topics. The students conducted extensive market research and hand selected EVERFI: FinLit as their curriculum of choice,” shared Jimmy Kauffman, Bank of Sun Prairie’s president and CEO. “And because of our priority focus on financial literacy, we immediately knew we were the right partner to bring this critical financial education to Sun Prairie Area School District.”
Through a series of interactive lessons, EVERFI: Financial Literacy helps students develop actionable strategies for managing their finances. The robust course library covers a number of topic areas, including income and employment, budgeting, credit and debit cards, and financing higher education. The seven-module course immerses students in real-life financial scenarios and allows them to move at their own pace through the lessons, providing bite-sized instructional animations that make the topics approachable and relatable.
“Understanding your finances and making sound financial decisions is key to a strong future, but many people don’t know where to turn to get the information they need in a way that is age-appropriate and easily understandable,” said EVERFI Co-Founder and President Ray Martinez. “By laying the foundation for financial literacy at a pivotal age, students will be prepared with the skills needed to enter the new economy and make a smooth transition into adulthood.”
The platform offers detailed data and reporting allowing teachers to uniquely track progress and performance of every student and see real-time data on student performance, while the technology aggregates crucial data on hours of learning completed and knowledge gains.