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As a nonprofit organization, the Vermont Jump$tart Coalition of volunteers depends on the generosity of Vermonters, those in the business community as well as individuals, to donate funds to support our work. Please consider a donation to Vermont Jump$tart by donating to us through the Network for Good. Please click on the "Network for Good" icon above.
The next meeting is Friday, July 10, from 2:00 to 4:00 p.m.at the Vermont Bankers Association, 89 Main Street – Third Floor (City Center), Montpelier. Please join us!
The Vermont Jump$tart Coalition is pleased to recognize John Pelletier, Director of the Champlain College Center for Financial Literacy, as the 2015 Financial Literacy Champion.
The award recognizes leadership and outstanding innovation and achievement in the effort to advance the financial literacy of Vermont youth. The honor comes with a $1,000 cash award.
“We are pleased to recognize John’s passion for financial literacy which motivated him to create the Vermont Teachers Financial Literacy Summer Institute at Champlain College,” said Vermont Jump$tart Coalition President Judy Ribolini. “Within three years, 97 Vermont personal finance educators completed the institute coursework and returned to their classrooms to share that knowledge with students across the state.”
In 2010, Pelletier approached the President at Champlain College with a proposal to start the first center for financial literacy in Vermont. With the college’s approval, he pursued funding to begin the center and secured support to start the summer institute. The goal of the institute was to increase the financial literacy and instructional capability of Vermont teachers, with a focus on teachers at the high school and middle school level. The 45-hour graduate-level course was taught over five consecutive days during the summer. Based on enrollment projections for the teachers who attended the institute, it is estimated that approximately 38,000 students will be impacted by the training within the next decade.
“I am honored and humbled by this recognition,” said Pelletier. “The real financial literacy heroes in Vermont are the passionate, engaging and dedicated educators in our classrooms who are providing personal finance training to our future citizens. These fantastic educators deserve our gratitude and support. This award is a direct result of these amazing educators who are clearly making a difference in the financial lives of many of their students.”
Pelletier also partnered with the national Jump$tart Coalition to have the summer institute named as one of five participants in a nationwide pilot project on financial literacy training for teachers. The work in Vermont bolstered efforts to develop a model of effective approaches to training teachers in personal finance. Pelletier is currently leading a research effort through Champlain College to determine the impact on students of having a highly-trained financial literacy educator teaching personal finance versus classroom instruction from teachers without the specific training. The two-year pilot project concludes this school term. The results will be distributed nationwide.
The award was made as part of an annual financial literacy awards ceremony sponsored by the Vermont State Treasurer’s Office. A proclamation by Gov. Peter Shumlin was presented to Vermont Jump$tart declaring April as Financial Literacy Month in Vermont.
Mark your calendars for Tuesday, Oct. 13, the date of the 2015 conference for teachers and parents. The conference will be held at the Sheraton Hotel and Conference Center in Burlington. This year, we have some surprises in store, so check back here and our Facebook page for more information over the summer.
Volunteers with the Vermont Jump$tart Coalition once again assisted the State Treasurer's Office in the Treasury Cup. The annual tournament in Montpelier is designed to promote student interest in and knowledge of personal finance, economics, and consumer affairs topics. The 2015 tournament was held May 8 in Montpelier, with 10 teams accepting the "challenge."
With just one correct answer separating the two teams in the championship match, the Mount Mansfield Union High School Cougars beat defending champs South Burlington to take the tournament victory. Third place was won by Bellows Free Academy in Fairfax. Pictured below, State Treasurer Beth Pearce presents the traveling Treasury Challenge Cup to MMU.
Teams competing in 2015 were:
Each student competitor on the first place team received a $500 college savings account and members of the second place team a $250 account, donated by the Vermont Student Assistance Corporation. Individual trophies also were awarded to students on the first through third place teams.
More details of the competition are available here.
More photos are available here.
VT Jump$tart continues to work with teachers and groups interested in inviting a guest speaker to make a presentation on a financial topic. However, our Speakers Bureau has lost its volunteer coordinator, so we will try to field requests as best we can. We ask for your patience as try to fill specific requests.
Corporate Sponsors and Partners for 2014/2015
Community National Bank
Northfield Savings Bank
People's United Bank
Mascoma National Bank
Vermont Student Assistance Corporation
Vermont Association of CPAs