NEW YORK, N.Y. – Working in Support of Education (w!se) is pleased to announce that 232 high schools in w!se’s national network, including 34 NYC schools, have earned the distinction of being named a Blue Star School for their students’ performance on the 2016-2017 w!se Financial Literacy Certification Test.
This national standardized Test is administered to students after a course or unit on personal finance. Students who pass the Test are designated Certified Financially Literate™ and earn a w!se CFL, demonstrating that they are financially capable.
To earn the Blue Star School distinction, a school must have achieved an 80% passing rate on w!se’s Financial Literacy Certification Test and have either a majority of students on a given grade level take the Test or have the students who took it achieve an average score of 85% or higher.
The Test is administered as part of w!se’s award-winning Financial Literacy Certification program. Schools enrolled in the program teach a course or unit on personal finance and receive instructional resources from w!se aligned to national and state standards and then administer the Test. Since its introduction, the program has become integral to personal finance instruction in thousands of classrooms across the United States and is now offered in 48 states.
Phyllis Frankfort Perillo, Founder and CEO of w!se said, “Blue Star Schools are in the national spotlight. This award recognizes and validates the hard work of personal finance educators who graduate their students with the knowledge and skills necessary for being financially literate.”
Blue Star schools will be honored at w!se’s 15th National MoneyPOWER Financial Literacy Conference on November 7, 2017 at Astor House in New York City.
To view the complete list of 2016-2017 Blue Star Schools, click here.
About the w!se Financial Literacy Certification Program
The Financial Literacy Certification program is an innovative and high impact initiative in financial education designed to help high school students graduate financially literate. Participating schools teach a course on personal finance and then administer w!se’s nationally standardized Financial Literacy Certification Test. To support instruction, w!se provides professional development, a curriculum aligned to national and state standards and other value added teaching tools. A hallmark program feature is the w!se CFL™. Students who pass the Certification Test become Certified Financially Literate (CFL™). The program, now in 48 states, is rapidly growing and has become integral to personal finance instruction in thousands of classrooms. It is supported by leading U.S. institutions including the Allstate Foundation, Wells Fargo Foundation, Voya Foundation, Valley National Bank, Synchrony Bank, Capital One, Santander Bank, Investors Bank, New York City Council, The Malone Family Foundation, Financial Services Roundtable Foundation, and The Raymond J. and Mary C. Reisert Foundation.
Working In Support of Education (w!se), a national educational not-for-profit, improves the lives of young people through programs that develop financial literacy and readiness for college and careers.