LOWELL, Mass.– Jeanne D’Arc Credit Union is sponsoring the second annual EVERFI Financial Literacy Bee, taking place April 1-15, 2021. The EVERFI Financial Literacy Bee is a nationwide financial literacy challenge for high school students.
The EVERFI Financial Literacy Bee provides an opportunity for students to learn the critical importance of saving and budgeting for short-term and long-term financial goals, the credit union said.
The virtual challenge, created by social impact education innovator EVERFI, and supported by leading financial institutions nationwide, features four short digital lessons followed by a capstone essay contest in which students share a short-term or long-term savings goal and outline their plan to achieve that goal. Winners of the EVERFI Financial Literacy Bee will receive a total of $20,000 in college scholarships.
“Our goal at Jeanne D’Arc Credit Union is to help our members make smart financial choices and we believe education is the foundation for financial wellness. Students want to learn to become financially secure, and this program gives us one more tool to help us reach that goal,” said Mark S. Cochran, president and CEO. “We are proud to be supporting parents and students through the National Financial Bee, and we hope this program will drive open discussions about important financial topics at home.”
By competing in the challenge, participating students will gain new skills to create a personalized financial decision-making framework that they can apply to their lives now and in the future. Topics include how to save, set financial goals, budget, and invest, said Jeanne D’Arc.
In addition to supporting the EVERFI Financial Literacy Bee, Jeanne D’Arc said it works with EVERFI to provide online financial education courses to help consumers navigate financial uncertainty and plan for the future. These modules are free for members and the community and can be found at www.jdcu.com/financialwellness.