Credit Unions Care Foundation of Virginia used the Biz Kid$ program at Virginia Real Money Experience Teacher Trainings to help meet the states’ Economic and Personal Finance Standards of Learning. Credit Unions Care Foundation of Virginia received support for this initiative from the National Credit Union Foundation (the Foundation) through a Biz Kid$ Financial Education Grant.
“The Biz Kid$ program provides the necessary tools to help educators deliver financial lessons and we know that teachers in Virginia now have the resources to help their students build a better financial future,” said Danielle Brown, Director of Development and Donor Relations at the Foundation.
Virginia is one of the few states in the country where high school graduates have to pass a class in economics and personal finance to get their diplomas. When these standards were put into law, no resources were made available to help teachers deliver them in the classroom.
“In Virginia, there are 19 Standards of Learning that cover both Economics and Personal Finance,” said Dawn Lindley, Director of Marketing & Financial Education at the Virginia Credit Union League. “These standards have to be taught to all of our high school students before they graduate. To help teachers out, our Financial Education Committee volunteers have been doing teacher training workshops over the years, but we were only able to help teachers with the Personal Finance Standards.”
In order to fill the gap and cover the Economics Standards, the Real Money Experience Teacher Trainings were held in Virginia to introduce teachers to the Biz Kid$ program. The Biz Kid$ program has episodes and material that fulfills each of the 19 state requirements.
After attending one of the workshops, one of the teachers said, “I think Biz Kid$ is an awesome learning tool to use. Even if a teacher doesn’t possess the starter kit, the website has so many great resources to use! I can’t wait to use it in my classroom in the fall.”
A total of 120 teachers attended the three different workshops, and every school in attendance received two sets of the Virginia Biz Kid$ Starter Kits to be used to teach financial literacy concepts to high school students.
“The most exciting thing about receiving this Biz Kid$ grant is that it enables us to give the teachers a fun and effective set of episodes that touch the Economics requirements too,” said Lindley. “This grant is a gift that has created a ripple effect through credit unions, our schools, and ultimately thousands of students.
A Foundation Grant at Work
This “Grant at Work” is part of a series
that highlights Foundation grantees who made a positive impact in
their community and empowered consumers to achieve financial freedom
through credit unions. Grants are made possible by supporters of the
Biz Kid$ - Teaching Kids about Money & Business
Biz Kid$ is a financial literacy initiative launched nationally in
January 2008 that teaches kids about money and business. The initiative
includes an award-winning TV series, free classroom curriculum,
outreach activities, and a website targeting children 9 – 16 years
old. The Foundation is responsible for the fundraising and outreach
of the program, and a coalition of over 300 credit unions and
affiliates from across the country have helped exclusively fund Biz
Many credit unions leverage Biz Kid$ to teach financial education in
schools in their community. In addition to the Foundation’s box sets and starter kits, companion materials and other resources for teachers and parents are available at no cost on the Biz Kid$ website, bizkids.com. The site also features clips from the series and invites kids to appear on the show.
For more information about Biz Kid$, click here.