National Financial Literacy Awards Announced

National Financial Literacy Awards Announced
Posted on 09/12/2018
Congratulations to Nansemond River High School and King’s Fork High School who were recently nationally recognized as 2017-2018 Blue Star School by W!SE (Working in Support of Education).

In order to be recognized as a Blue Star School, a school must have achieved a 80% passing rate on the Financial Literacy Certification Test and have either a majority of students on a given grade level take the test or have the students who took it achieve an average score of 85% or higher.

The Blue Star Schools will be honored at the annual Money POWER Conference for Financial Literacy in New York City on November 6, 2018.

W!se’s Financial Literacy Certification Program (FLCP) addresses the urgent need for financial literacy and education. The program provides high school students with access to financial education and the opportunity to become certified financially literate. According to program leaders, most students drop out of college not because of academic failure but because of personal debt and the fastest growing group filing personal bankruptcy is young adults ages 18 to 25.

Participating schools teach personal finance and administer W!se’s standardized Financial Literacy Certification (CFL) test. Teachers have access to training, educational resources, pre-tests, and online practice tests. Students who pass the CFL test are Certified Financially Literate, earning their CFL.

Developed in 2003, the program has expanded nationally and has been widely recognized for its success, including the US Treasury Department’s John Sherman Award for Excellence in Financial Education. For more information, contact Andre Skinner, Coordinator of Career & Technical Education, at 925-6759 or andreskinner@spsk12.net
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