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Financial literacy is an important skill to learn, especially given that most of our population is at or near the poverty line. Moreover, as a GED preparatory school, most of the skills that a financial literacy program would cover are easily transferable to the math portion of the GED test. There is both a need and the desire for a financial literacy curriculum and GED preparation within our community; however financial need stops most interested members of our community from taking advantage of such resources. While we have several textbooks and workbooks for advancing a financial literacy curriculum, we do not currently have the funds to take on those in our community that would most benefit from such a curriculum. We would therefore use this grant to fund a series of need-based scholarships to allow the poorest members of our community to learn GED preparation with a financial literacy focus.

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ACH - Need-based Scholarships for GED Program with Financial Literacy Emphasis

School:
Palm Harbor Community 
Subject:
Mathematics 
Teacher:
James Akintonde 
 
Anne Januario 
Students Impacted:
33 
Grade:
Adult Ed. 
Date:
September 4, 2018

0% Funded

 

 

Only $1,000.00 Needed

 

Goal

Financial literacy is an important skill to learn, especially given that most of our population is at or near the poverty line. Moreover, as a GED preparatory school, most of the skills that a financial literacy program would cover are easily transferable to the math portion of the GED test. There is both a need and the desire for a financial literacy curriculum and GED preparation within our community; however financial need stops most interested members of our community from taking advantage of such resources. While we have several textbooks and workbooks for advancing a financial literacy curriculum, we do not currently have the funds to take on those in our community that would most benefit from such a curriculum. We would therefore use this grant to fund a series of need-based scholarships to allow the poorest members of our community to learn GED preparation with a financial literacy focus. 

 

What will be done with my students

Similar to the last school year, all students (regardless of scholarship status) will be exposed to a GED curriculum focused on the four subject areas of the GED exam (Mathematics, Science, Language Arts, and Social Studies). Mathematics will be heavily supplemented with a financial literacy curriculum based primarily on the book Contemporary's Number Power: Financial Literacy (published in 2011 by McGraw-Hill). 

 

Benefits to my students

The short term benefit for all students (scholarship recipient or not) will be exposure to financial literacy concepts (such as how to manage money, borrowing money, budgeting, and taking into account unavoidable expenses) and formulas, ensconced within the larger GED curriculum. The long term benefits are immeasurable, as a GED diploma coupled with a strong sense of financial literacy can play a huge role in increasing earning and saving potential, as well as serve as preparation for future careers and college aspirations. This may therefore directly help to raise a not insignificant portion of our community out of poverty.

During the 2017-2018 school year, over 20 students were able to attend our GED classes as a direct result of the scholarships that were made available (some for multiple terms), several of whom have since graduated with their GED. 

 

Describe the Students

Most of our Adult Education students have not only dropped out or withdrawn from high school, they initially test below high school level across all subjects. 

 

Budget Narrative

Potential students at or below 150% of the federal poverty level (FPL: determined to be $25,100 annually for a family of 4; source: https://aspe.hhs.gov/poverty-guidelines), will be eligible for a scholarship covering a full term of GED preparatory classes with a financial literacy focus (value: $30). Students will have to reapply for a scholarship for each successive term. Priority will be given to those students who already have a scholarship, therefore the $1000 grant will fund up to a maximum of about 33 students for one term, down to a minimum of about 11 students for all three terms in our calendar year.  

 

Items

# Item Cost
1 Approx. 33 Need-based Scholarships to GED program at CAP Center Tarpon Springs (with financial literacy emphasis) $1,000.00
  Total: $1,000.00

0% Funded

 

 

Only $1,000.00 Needed

 

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