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News Now

CU System
Minnesota foundation grant funds teachers fin. ed
ST. PAUL, Minn. (4/11/11)--The Minnesota Credit Union Foundation (MnCUF) has partnered with the University of Minnesota Extension (UMES) to create a series of webinars to teach educators about personal finance. The project’s goal is to help educators develop a higher level of confidence to teach personal finance to Minnesota youth. Through grant funding, UMES will produce a series of two-hour webinars using the National Endowment for Financial Education’s (NEFE’s) High School Financial Planning Program curriculum. The project, to be completed by the end of the year, will be free to anyone who works to improve the financial literacy levels of students--including educators and credit union professionals. “Studies show that teachers are not confident in their knowledge and competency in financial content topics,” said Patricia Olson, UMES associate director, family development and extension. “Our goal is to reach teachers with the NEFE curriculum and to provide additional content to help teachers feel confident in this extremely critical--but often intimidating--subject.” The project marks a shift in MnCUF’s overall objectives, with an emphasis on financial education as part of its core mission. “Clearly financial education is important to so many groups, organizations and individuals, which is illustrated by countless initiatives taking place around the state and the country,” said MnCUF Chair Pat Brekken. “Credit unions have told us that financial literacy is a subject of tremendous importance to them.” Webinars will be offered in “live” format and archived online for future use, allowing for training across numerous organizations and school districts.


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