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By Dr. Beth Bean, Senior Vice President of Research and Impact at NEFE

The National Endowment for Financial Education (NEFE) champions effective financial education and is the independent, centralizing voice providing leadership, research and collaboration to advance financial well-being. In 2021, as part of NEFE’s reorganized focus and structure, the organization launched the NEFE Institute, the mission-driven research engine of NEFE that advances high-impact, scholarly research and facilitates collaboration with practitioners, advocates and policymakers.

For three decades, NEFE has been a dedicated leader in bringing important issues to the forefront. Over that time, NEFE has set itself apart by having the ability and skillset to be adaptable to issues that continuously evolve. As NEFE President and CEO Dr. Billy Hensley often says, “NEFE has always striven to make the most effective contributions possible for the advancement of the field and the financial well-being of individuals and families.”

NEFE’s ongoing projects to move the field forward include:

The Personal Finance Ecosystem – NEFE has updated its visual roadmap that lays out the foundations that underpin an individual’s state of financial well-being. It was developed to demonstrate financial education’s role in an individual’s financial well-being and within the broader environment.

Research Funding – NEFE funds rigorous, innovative and actionable research that increases the financial education community’s body of knowledge; provides insight into financial behavior; and contributes to the field’s understanding of effective educational practices.

“Focus on FinEd” Podcast Series – NEFE has jumped into the podcast medium with a seven-episode series that interviews special guests on important issues facing the field.

Consumer Polls – A staple of NEFE’s work is examining how the American public views important issues tied to financial education and financial well-being.

Thought Leadership – The launch of the NEFE Institute has helped elevate the organization’s thought leadership opportunities. NEFE’s team of experts are continuously requested to present at conferences, consult on industry topics and review projects.

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This year marks NEFE’s 30th anniversary and the organization has a year-long strategy for promoting this milestone, culminating in an event to end the year that will celebrate the past and look to the future of financial education.

NEFE aimed to utilize Financial Capability Month in April to make a number of exciting announcements:

  • In a joint effort with the FINRA Foundation and a team of renowned researchers, NEFE released a formal briefthat explores to what degree financial education programs affect financial knowledge and behaviors.
  • NEFE announced its participation with FinEd50, in conjunction with Visa, the Council on Economic Education and the National Association of State Treasurers. This initiative is dedicated to improving access to quality financial education for all students in all 50 states.
  • NEFE announced a grant partnership with the RAND Corporation to research Income Share Agreements (ISAs), a product in the higher education space to assist students.

Look for more exciting announcements throughout the rest of 2022 by visiting NEFE’s website and following NEFE on social media.

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Beth Bean
Senior Vice President

Teacher appreciation is all year long for Jump$tart! While teacher appreciation week is over, there are many ways to still celebrate their work. With the The National Educator Conference being scholarship-based, sponsorship dollars are used to fund teachers attendance and lodging. By sponsoring a teacher, you invest in our nation’s students. The NEC equips teachers with current information, trends and resources to share in their classrooms. All gifts are are not boxed and wrapped. This gift is one that will continue to give. For information on becoming a sponsor, visit here, TODAY!