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NEFE High School Financial Planning Program.

The National Endowment for Financial Education (NEFE NEFE National Endowment for Financial Education ), in partnership with the U.S. Department of Agriculture-Cooperative State Research, Education and Extension Service and participating Land-Grant University Land-grant universities (also called land-grant colleges or land grant institutions) are institutions of higher education in the United States that have been designated by the United States Congress to receive the benefits of the Morrill Acts of 1862 and 1890.  Cooperative Extension Services, offers a high school program in financial planning Financial planning

Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against
.

The NEFE High School Financial Planning Program (HSFPP HSFPP High School Financial Planning Program ) was initiated in 1984 as a public service to increase the financial literacy Financial literacy is the ability of individuals to make appropriate decisions in managing their personal finances. Raising levels of financial literacy is now a focus of government programmes in countries including[1] Australia, Japan, the United States and the UK.  of America's youth. The seven-unit program includes games, simulations, case studies and interactive exercises for students. An instructor's manual is provided for teachers, and each student is given a workbook and personal finance portfolio.

The HSFPP is provided at no cost to public and private school teachers and youth leaders. In addition to high school classrooms, the program is also taught in technical schools, adult education centers, 4-H clubs and juvenile detention centers.

The NEFE also funds financial education projects through its grants program and invites submissions of grant proposals to further public education in personal finance, financial planning and family and consumer economics.

For more information about the NEFE High School Financial Planning Program or the NEFE Grants Program, visit www.nefe.org.
COPYRIGHT 2001 Association for Career and Technical Education
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001 Gale, Cengage Learning. All rights reserved.

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Title Annotation:National Endowment for Financial Education
Publication:Techniques
Article Type:Brief Article
Geographic Code:1USA
Date:Sep 1, 2001
Words:182
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