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NEFE cites CUNA as a partner receiving best fin ed award
MADISON, Wis. (11/20/07)--The National Endowment for Financial Education (NEFE) cited its partnership with the Credit Union National Association (CUNA) regarding the “Best Financial Education Award” NEFE received from the Association for Financial Counseling and Planning Education (AFCPE) last week. The award was presented Friday morning to NEFE for its High School Financial Planning Program (HSFPP) during the AFCPE’s conference in Tampa, Fla. Janet Garkey, special materials editor for CUNA’s center for personal finance, represented CUNA during the conference and commented on CUNA’s partnership with NEFE. “The award is well-deserved,” said Phil Heckman, CUNA director of youth programs. “NEFE is a top national advocate for youth financial literacy.” The AFCPE award recognizes HSFPP’s effectiveness. The program has been evaluated twice, showing improvement in students’ knowledge and confidence about finances. Few programs are scientifically evaluated for effectiveness, Heckman said. CUNA partnered with NEFE in 2000. Under the partnership, CUNA encourages credit unions to have their local schools offer HSFPP, which is a free financial education resource for high school students. Since CUNA has gotten involved, hundreds of credit unions have actively promoted and taught the program. Five million student guides have been distributed since the program’s inception in 1984, and two-thirds of those carry the America's Credit Unions brand, Heckman said. HSFPP has been brought in line with current curriculum standards in each state. It also has online resources available. The program’s content was revised this year, with a number of credit union people serving on the task force. “Having great partners doesn’t always just show up in the number of materials ordered,” said John Parfrey, NEFE director. “It also shows up in the thought leadership that lives in our organizations, it shows up in our commitment to promote an important idea, and it shows up in the efforts of putting together a financial education program for an important segment of society--our nation’s young people.” Parfrey also acknowledged America’s Credit Unions’ contributions, along with the National Cooperative Extension System. NEFE’s HSFPP was founded with the goal of educating high school students about sound money management skills, the financial planning process and helping teens develop positive behaviors that are necessary to attaining financial maturity and achieving a secure future. For more information, use the links.
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