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CU System
Grant to help fund Jumpstart Coalition
MADISON, Wis. (10/8/08)--The Charles Schwab Foundation has announced a $150,000 grant to disseminate hard copies of the national personal finance curriculum standards, which were developed with input from the credit union movement. The award goes to the Jumpstart Coalition for Personal Financial Literacy, and will cover the cost to print and distribute 100,000 copies of the 2007 revision of the “National Standards in K-12 Personal Finance Education.” Philip Heckman, the Credit Union National Association’s (CUNA) director of youth and young adult program, chaired the Jumpstart task force that produced the 2007 standards from an earlier edition. Several credit union, league, and CUNA staff reviewed drafts of the revision and provided comments for improving it. The print copies will be sent to chief state school superintendents, state department of education curriculum directors, state legislative committees dealing with education, state boards of education, and the leadership of various educational associations. “This generous grant will raise awareness of the national standards and help curriculum developers and school officials determine how to cover this subject,” Heckman said. “The national document has already influenced standards in several states, and will help ensure that personal finance courses are comprehensive and relevant to K-12 students throughout the country.” Among the practical uses for the national personal finance standards and expectations are to:
* Suggest a range of content that students should know and be able to act on; * Provide guidelines for evaluating published educational materials; * Help to shape lesson plans, unit and course outlines, learning activities, textbooks, and other instructional materials, and * Increase awareness of the need for personal finance in the nation's schools.
“The fact that credit union organizations were asked to participate in the 2007 standards revision is a measure of how highly regarded the movement is as a model for personal finance education,” Heckman added.
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