Truliant Announces 2016 Financial Education Fund Awards
Release date: 11/28/2016
Winston-Salem, N.C. (Nov. 28, 2016) - Truliant Federal Credit Union has announced winners for the inaugural year of the Financial Education Fund that will provide school systems in its communities with more than $200,000 for financial literacy education.
This year, fund provides about $40,000 in grants for 13 schools offering financial education programs to school systems where the credit union has Member Financial Centers.
“This is the first step to making sure our youth understand the value of working towards financial security. Funding these programs helps give students a foundation to proactively design their financial futures,” said Renee Shipko, Community Engagement Liaison at Truliant.
Teachers from eligible districts were encouraged to submit funding requests for the first grant cycle, beginning Aug. 1, for projects that advance financial literacy.
“Often faced with the future burden of college debt and eventually wanting to start a family, buy a home and maybe even start their own business, having a foundational understanding of money is essential to the today’s youth,” Shipko said.
2016 Financial Education Grants Winners
Central Cabarrus High School (Harrisburg): $4,500
The school will develop a Personal Finance Literacy Library, consisting of mini-library of books that teens can relate to dealing with personal finance. The set of books would be required reading at least one day a week in personal finance classrooms.
Cox Mill High School: $2,500
The school will work with students to study the art of making a quality sales and marketing presentation to a group of potential decision makers in order to complete the entire sales cycle and complete a sale.
Dudley High School: $5,000
The school will use the funding for its Creating Analytical Mindsets program which allows students to learn how to be 21st century ready by learning and implementing STEAM-related jobs in a class room setting. Students will have to outline a project and provide a budget including the use of equipment rental. Once model and project proposals have been approved, students will learn business strategies such as production and marketing. The final grade depends on how the student tries to sell their finish good or service.
Eastern Alamance High School: $662
The school will use the funds to buy supplies to make merchandise for a school spirit store. Funds would help students improve their financial education by learning about supply versus demand, production costs versus profit, and budgeting funds for continued success.
Eastern Guilford Middle School: $5,000
Middle school students will engage in Agents of Financial Change, a financial literacy mission possible theme program, by using grant funds to purchase financial resources and materials to complete their hands-on interactive educational missions.
Harris Road Middle School (Harrisburg): $1,126
Funds will go towards the school’s Saving Empathy project. This study will help middle school students understand the costs associated with daily living. The funding from this grant will help students realize the importance of saving and preparing for the future. It will allow them to identify ways in which they can help individuals and families who are experiencing homelessness or at risk of homelessness. It will also prepare them to become caring, informed and proactive citizens.
Highland School of Technology (Gaston Co.): $500
The funds will be used to provide the program fee for The Stock Market Game which will allow up to 105 students to experience the reality of today's stock market. Students will be empowered to research current events (global and nationwide) that affect our economy and determine the investment opportunity that may exist. Students will experience both short and long-term investing and learn about the benefits of diversification.
Hopewell High School (Huntersville): $3,300
The school will use the funds for a Hopewell Start-Up Initiative competition in an effort to spark the school's entrepreneurial spirit. The winner is awarded seed money for their project.
Lowrance Middle School: $1,000
The School will use the funds to promote Functional Banking Awareness. Lowrance Middle is a special needs school that will use the grant funds to give the student body an opportunity to implement the financial skills they have learned through their functional curriculum and encore classes.
Myers Park High School (Charlotte) - $500
Funds will be used for a student-led program, INITIATE!, that will cover a wide range of financial topics with students such as the importance of credit, budgeting, saving, and managing money through a non-profit curriculum.
Northeast Guilford High School: $5,000
These funds will provide 240 students the opportunity to visit area colleges, Guilford Technical Community College, NC A&T State University and UNC at Greensboro. The students will sit-in on classes, visit dorm areas and eat in the student dining room. They will meet with admissions representatives as well as financial aid counselors to determine what their needs are with respect to their career goals and their financial expenditures.
Providence High School (Charlotte): $5,000
The grant funds will be used to educate and prepare students in the latest financial modules and national competitions. Funds will purchase the Dave Ramsey Financial Peace Curriculum, the NC Stock Market Game and access to the National Personal Finance Challenge, the National Economics Challenge and the DECA Club Business and Finance division.
Winston-Salem/Forsyth County Schools Social Studies Department: $5,000
BreakOut.EDU-Economics Edition brings the excitement of "Escape Room" puzzle solving to the classroom. This program will help create a BreakOut.EDU curriculum that focuses on the economic standards for each grade level, 6th-12th, to incorporate this new exciting, engaging pedagogy into classrooms across our district.
About Truliant Federal Credit Union
Truliant Federal Credit Union is a mission-driven, not-for-profit financial institution that promises to always have its member-owners’ best interest at heart by improving their lives through providing financial guidance and affordable financial services. Truliant was chartered in 1952 and now serves more than 200,000 members and currently has 32 Member Financial Centers in North Carolina, South Carolina and Virginia. For more information on Truliant Federal Credit Union, visit www.truliant.org.
FOR MORE INFORMATION
Contact: Heath Combs
(o) 336.293.2054 (c) 336.442.5736