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Connecticut |
Connecticut
Connecticut Youth Financial Education Institute
Twenty students from throughout the state of Connecticut spent the day with faculty of the University of Connecticut School of Business May 14 as part of the fourth annual Youth Financial Education Institute. The students, selected by application for the Institute, also ate lunch with Santhosh Varughese, Senior Director Operations, Finance, for the New England Division of Walmart. The JumpStart Coalition program was sponsored by Walmart. Below, Mr. Varughese and students Ariel McQuade of Bunnell High School and Nastaja Johnson of Stratford High School stand with Sharon Burns of Walmart.
National Financial Capability Challenge
The National Financial Capability Challenge is a non-monetary awards program designed to increase the financial knowledge and capability of high-school aged youth across the United States. It challenges youth to take control of their financial future by learning more about personal finance, and it challenges teachers and schools to incorporate the important information and topics into their curricula. The program encourages schools to get involved in financial fitness. All teachers who sign up to participate in the Challenge will receive a teachers toolkit to help them incorporate the topics into their curricula.
In March 2010 students will take a voluntary online exam designed to illustrate the relevance of financial capability, allow students to demonstrate what they have learned, and assess their financial knowledge. In April, top scoring students from each school will receive awards. In addition, a select group of outstanding schools and educators will be recognized.
Visit the Challenge Web Site
Working together we can improve the financial literacy of Connecticut's youth.
Founded 2005 by Junior Achievement of Southwest New England, Office of the State Treasurer, State Department of Banking, State Department of Education, Bank of America, Centers for Financial Education and Connecticut Association of Boards of Education.
Our Mission:
The Connecticut Jump$tart Coalition is a non-profit organization with individuals and organizations representing business, government and education who have joined together to improve the personal financial literacy of Connecticut's youth.
What We Do:
The Connecticut Jump$tart Coalition encourages the development and implementation of programs to educate young people about personal financial management and responsibility. This includes convening conferences for students and training sessions for teachers; supporting financial education programs in-school, after-school and in conjunction with community partners.
The coalition also is working to:
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Background: The Connecticut Jump$tart Coalition was founded in 2005 by Junior Achievement of Southwest New England, Office of the State Treasurer, State Department of Banking, State Department of Education, Bank of America, Centers for Financial Education and Connecticut Association of Boards of Education. It is a proud affiliate of the National Jump$tart Coalition for Personal Financial Literacy. The National Jump$tart Coalition, based in Washington, D.C., was first convened in 1995 and consists of over 200 organizations committed to improving the financial literacy of America's youth. For more information, visit their website at www.jumpstart.org. _________________________________________________________ Granby Memorial High School competes for Federal Reserve Cup Challenge Recently, Granby Memorial High School earned the right to represent Connecticut in the Federal Reserve Cup Challenge, an annual competition sponsored by the Federal Reserve Bank in Boston that tests high school student skills in financial literacy, economics and personal finance. The Challenge, held in Boston in November, featured one team from each New England state competing in a quiz show format. Each team included four members and one alternate, with a teacher acting as their supervisor and coach. Granby earned the right to represent Connecticut by competing in 2 elimination rounds prior to this event. The other Connecticut teams included: Northwestern Regional High School in Winsted; Glastonbury High School; Wheeler High School in North Stonington; and Grasso Southeastern Technical High School in Groton. The elimination rounds were webcast via the Internet. They reduced the number of teams from 5 to 4, then 1. The winning teams from each of the New England states met at the Federal Reserve Bank of Boston on November 24. This was an excellent opportunity for high school students to participate in a world class financial literacy competition. Each state champion received an all-expense paid trip to the Federal Reserve Bank of Boston for the New England Championship. The competition was hosted by television and radio personality Billy Costa, and was conducted in front of a studio audience of fellow students and video-taped for future broadcast on New England Cable News (NECN). Granby Memorial High School's team consisted of Karl Gottschalk, Chris Kempf, Kristen Phillips, David Schwegman and Janet Edbrooke (Alternate). They were accompanied by 17 personal financial management students and teachers Sue Clark and Greg O'Neil. They competed against: This year's Federal Reserve Cup Challenge winner was Belmont High School. Granby Memorial High School finished fourth. Congratulations!!!
Students from Granby Memorial High School receiving their plaque acknowledging them as the winning team from the state of Connecticut in the Federal Reserve Cup Challenge in Boston in November. From left to right: Janet Edbrooke, Chris Kempf, David Schwegman, Karl Gottschalk, Kristen Phillips, and teacher Sue Clark. |
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