The first step in this evaluation provides a baseline understanding of the problem of financial illiteracy among the young, in particular among your students. Identifying what your students already know gives you a starting point.
Identify what your students know and don’t know to develop a critical baseline. The information you gather at this step will help you identify the needs of your students and tailor your program to meet those needs.
What is unique about my community? What are the economic factors that may influence my students’ decisions?
This diagnostic assessment may be used by anyone interested in assessing where your school, district or state is in their financial education efforts.
What is my students’ current level of financial knowledge? Have they been exposed to financial education previously?
The National Endowment for Financial Education (NEFE) provides a toolkit for users to design, build, and use evaluations. The toolkit includes a bank of questions to create your own evaluation and a manual that walks you through the different stages of planning and conducting an evaluation.
The online assessment center is a free service for teachers to administer assessments, track progress, and measure student achievement against benchmarks. The assessments are based on CEE’s curricula, but users can also access assessments tied to PwC’s Earn Your Future curricula.
How do my students currently view personal finance? What financial decisions are they currently facing or will they soon face?
What resources or funding opportunities are available? Will funding be necessary for program continuation or improvement?
