Bookkeeping

NAF partners with Next Gen Personal Finance to increase access to personal finance education

NEW YORK, November 10, 2022 /PRNewswire/ — NAF is thrilled to announce a new partnership with Next Gen Personal Finance (NGPF) that will increase access to personal finance education for tens of thousands of students in underinvested communities around the world. nationwide who attend NAF Academies of Finance – small, focused learning communities within existing public high schools.

This partnership supports NAF’s work to address the economic and social disparities that have marginalized too many students in this country with NGPF’s open-source, high-quality, up-to-date personal finance programs and free professional development for students. teachers.

By using NGPF materials and training as an approved curriculum, NAF Academy of Finance teachers can spend more time teaching and building relationships with their students and less time writing ongoing updates. of the program to stay ahead of the ever-changing field of finance.

“We are thrilled to embark on this new partnership with NGPF. A big part of being Future Ready is financial literacy and access to personal finance education is an investment that will pay off for a lifetime,” said CEO of ANF, Lisa Dughi. “NAF students and educators have much to gain from these offerings and will develop many important skills for their next steps in high school and beyond.”

NAF personal finance faculty will use the NGPF’s personal finance and financial algebra semester course syllabi, which are aligned with national standards. Additionally, they will participate in NGPF’s Professional Development (PD) opportunities, which include virtual PD, on-demand modules, and intensive 10-hour certification courses on specific financial topics.

“We welcome the opportunity to share our curriculum and professional development opportunities with NAF Finance Academies and their networks,” said NGPF Co-Founder, Tim Ranzetta. “Personal finance education aligns so well with NAF’s commitment to preparing students for the future.”

To research shows that having a background in personal finance has beneficial effects, including improved credit scores and student loan decisions, and reduced use of payday loans.

Eighty-eight percent of parents want schools to teach personal finance, but only 24% currently do. In communities serving a high percentage of black and Hispanic students and those serving disadvantaged students, access to financial education is only 5%.

For the 2021-2022 academic year, more than 30,000 students participated in 180 NAF Finance Academies across the country. Among these students, 85% were women and/or ethnic minorities. Ninety-eight percent of seniors in NAF academies have graduated, with 87% planning to go on to college. Additionally, NAF Academies focus on other growing industries, including hospitality and tourism, information technology, engineering, and health sciences.

About NAF:

NAF is a national, nonprofit organization that transforms the high school experience to prepare students for college, career, and future success. NAF’s instructional design is uniquely comprehensive in its approach to skills development, enabling students from all backgrounds to participate in a meaningful education and empowering businesses to shape America’s future workforce by transforming the working environment. learning to integrate STEM-infused and career-relevant curricula and work. – Internship-based learning experiences, including.

NAF has evolved from a NAF Academy of Finance to New York City to hundreds of academies across the country focused on growing industries including finance, hospitality and tourism, information technology, engineering, and health sciences; and support curricula that are aligned with the National Career Clusters Framework.

In the 2021-22 school year, more than 120,000 students attended 618 NAF academies in 35 states, plus DC, Porto Rico, and the US Virgin Islands. In 2021, NAF Academies reported that 99% of seniors graduated and 87% of graduates planned to go to college. For more information, please visit: http://naf.org/.

About Next Generation Personal Finance:

Next Generation Personal Finance (NGPF) is a non-profit organization committed to ensuring that all high school students complete a personal finance course before graduating. The NGPF has become the “one-stop-shop” for over 70,000 educators looking for an engaging, high-quality personal finance program to equip students with the skills they need to thrive in the future. NGPF invests in teacher professional development with virtual continuing education workshops, 10 certification courses, and over 40 asynchronous on-demand modules. NGPF has been recognized by Common Sense Education as “the best website for teachers to find lesson plans” and “the best business and financial games”.

Media Contacts:

Courtney Savoydeputy director, communications, NAF, [email protected]
Hannah RaelMarketing Communications Manager, Next Gen Personal Finance, [email protected]

SOURCE Next Generation Personal Finance