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CU System
Texas Project NEFE Network reflects on success
FARMERS BRANCH, Texas (12/8/09)--The need for financial education programs and delivery channels has increased significantly in recent years, and the Texas Credit Union Foundation (TCUF) has remained at the forefront of this necessity, most recently by raising awareness of the National Endowment for Financial Education (NEFE) program, said the Texas Credit Union League. The Third Annual Project NEFE Network meeting held last month in Dallas brought more than 75 Project NEFE Network members together for an all-day event that reflected on the accomplishments in 2009, recognized efforts being made by program advocates statewide, and prepared for the years ahead (LoneStar Leaguer Dec. 3). “Texas was the first state to launch the newly revised NEFE program in 2007 and since its implementation, the results made possible through statewide support across all institutions, from credit unions to community colleges, are genuinely impressive,” noted Courtney Nickles, TCUF executive director. Staci Zale, TCUF associate director and Project NEFE Network liaison, confirmed the results through a presentation that revealed:
* As of Nov. 19, more than 71,800 NEFE High School Financial Planning Program (NEFE HSFPP) students guides have been provided through Texas; * An HSFPP online training video will be coming in 2010, through support and assistance from members statewide; * The “Make the Difference” campaign, through which events in communities are held to benefit students and young adults as they pursue financial education awareness, successfully gave out 18 grants through the program; and * In 2009, TCUF provided $40,000 in financial literacy grants, contributing to the $184,000 in general grants provided for the year.
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