Vermont High School Teacher's Financial Literacy Summer Institute

Details below about the 2017 Summer Institute. Please check back for details about 2018 Summer Institute.

Generously sponsored by Next Gen Personal Finance, a non-profit organization that connects educators with free resources and equip students with the knowledge and skills to lead financially successful and fulfilling lives. This is a re-launch of the nationally recognized teacher training pilot program conducted from 2011-2013.

Details
Course Number EDU 581
Date Monday, June 26 – Friday, June 30, 2017 (8 am to 5 pm daily & Wednesday evening)
Cost Free (100% scholarship)
Earn 3 Graduate Credits

Application for Admission for 2017

The Center for Financial Literacy will be accepting applications until May 12, 2017.  You will be notified no later than June 2, 2017 with early applications receiving earlier notification.  There are only 25 spots available in 2017.  We expect to have additional sessions in 2018-2020.  If you are not accepted into the 2017 Summer Institute you will be put on the waiting list for next years' program. 

About the Financial Literacy Summer Institute

The goal of the Institute is to increase the financial literacy and instructional capability of teachers through targeted training on financial literacy topics. The Institute is exclusively for Vermont high school educators.  Teachers who complete the training will have the confidence, skills and curriculum tools to successfully train their students in financial literacy topics.  The Institute will use the Jump$tart Financial Foundations for Educators Model for part of its curriculum programming. This educational model was developed by the Jump$tart Coalition, the National Endowment for Financial Education, the Council for Economic Education, the Federal Deposit Insurance Corporation (FDIC), Family Economics and Financial Education, Junior Achievement, the U.S. Department of Education and the U.S. Department of the Treasury.  The Center was one of five organizations chosen to pilot this education programming (three-year pilot ran from 2011-2013).  

The Center's innovative Sumer Institute has already trained 97 Vermont educators.  This programming has been recognized by the White House, the Consumer Financial Protection Bureau, the FDIC and by President Obama's Advisory Council on Financial Capability.  The Summer Institute has also been the subject of two studies showing the impact of the instruction (see Research Report and Prepped for Success). The Institute will consist of five days of training for a total of 45 hours (this will allow each participating teacher to obtain 3 graduate degree credits from Champlain College).

This financial literacy boot camp will cover saving and investing, credit reports and scores, credit and debt, managing risk, income and careers-in short, the financial knowledge needed to navigate daily life and how to bring this knowledge to high school students. The Institute is one of the few places in the nation where an educator can earn a master's degree credit in learning how to teach personal finance. The Center's research on the Summer Institute programming clearly shows the major impact that trained educators can have by improving their students' financial knowledge and behaviors. The Institute will use a powerful, proven curriculum for providing graduate level training to personal finance educators. At the Summer Institute pilot that used this curriculum, teacher confidence levels rose from 39 percent before taking the course to 94 percent after the completion of the course, a 141 percent increase. Educators who take this training have huge impacts on the financial knowledge and behaviors of their students. Based on national survey data, high school students who received personal finance education by these trained teachers had "high financial literacy," on par with older Generation Xers (age 35 to 49) and outperformed Millennials (age 18 to 34). And the effect doesn't stop there. Teachers reported positive material changes in their own lives and personal finance management as well.