How can I tailor my program to meet my students’ needs?

While the first step of the evaluation provides information on the knowledge gaps and financial decisions your students face, the second step helps you tailor your program to meet their needs.

Do your students need financial education?

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.

What are the long-term effects of program participation?

The final stage aims to determine the long-term impact of financial education by looking at behavior and knowledge of students and the broader effects on the community and state.

Are students making progress?

The fourth step analyzes the effect financial education has on students in the short or medium-term. This step involves a more formal research design to ensure that the benefits students have experienced, such as gains in financial knowledge and confidence, can be attributed to financial education.

What students do we serve, and what kind of financial education do we provide?

While the first step of evaluation provides information on the need for financial education in the community, the second step establishes baseline information on how the program is being implemented and who it is impacting.

Is financial illiteracy a problem in my community or state?

The first stage of an evaluation justifies the need for financial education, which drives the development of the mission, objectives, and characteristics of the resulting financial education program.