SAN JOSE, Calif.–PremierOne Credit Union has launched two financial education programs.
The programs are EVERFI Financial Literacy for High School, a personal finance education program for students in grades nine to 12, and the Venture program, a finance and entrepreneurship education program for students in grades seven to 10. Both courses have been made available at no cost through PremierOne Credit Union's relationship with EVERFI, Inc.
The credit union said EVERFI Financial Literacy teaches high school students how to make smart financial choices that promote financial well-being over their lifetime. The program features an interactive learning platform designed specifically to translate complex financial concepts like understanding a pay stub or completing the FAFSA (Free Application for Federal Student Aid) form and introduces the basic financial literacy skills needed as high-school students transition into adulthood. According to EVERFI, 53%of Gen Z students rank money management as the most daunting challenge they face today.
Through a series of interactive lessons, EVERFI Financial Literacy will help students develop actionable strategies for managing their finances. The robust course library covers a number of topic areas, including income and employment, budgeting, credit and debit cards, and financing higher education. The seven-module course immerses students in real-life financial scenarios. It allows them to move at their own pace through the lessons, providing bite-sized instructional animations that make the topics approachable and relatable.
"Giving back to the community is essential to PremierOne Credit Union, especially giving back to our young members who are the key to our future. We are excited to provide these free financial courses to our local schools to create financial stability early on and convey the most convenient way to learn about money," said PremierOne Credit Union's CEO and president, Andrea Brewer.
The Venture program is designed to equip students with the skills to think entrepreneurially about business and life. The curriculum focuses on finance and entrepreneurship, allowing students to master the basics of business and prepare for their future careers. According to Emergent Research and Intuit, by 2020, at least 40% of America's workforce will be entrepreneurs, freelancers, or contractors.