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2012 National Financial Capability Challenge Iowa’s Impressive Results

2012 National Financial Capability Challenge Iowa’s Impressive Results. Presented by Matt Brown Iowa Student Loan July 20, 2012. Summary of National Program. http://www.challenge.treas.gov/about.aspx

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2012 National Financial Capability Challenge Iowa’s Impressive Results

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  1. 2012 National Financial Capability ChallengeIowa’s Impressive Results Presented by Matt Brown Iowa Student Loan July 20, 2012

  2. Summary of National Program http://www.challenge.treas.gov/about.aspx “Awards program designed to increase the financial knowledge and capability of high school aged youth across the United States”

  3. Statewide Partners Iowa Department of Education Iowa Jump$tart Junior Achievement of Central Iowa Iowa College Access Network Iowa Student Loan

  4. Goals of Iowa Student Loan / Partners Program • Increase state participation • Offered and promoted cash drawing to award 30 participating high schools $1,000 each • Work within national program • Additional recognition for top-performing schools and individuals

  5. School Panel • Bob Mantell • Treynor Community Schools • Financial Literacy Director • Kyle Kuhlers • Alburnett High School • Business/Computer Education

  6. Results

  7. Recognition Results • 30 $1,000 prizes awarded to schools • Intended to improve financial literacy programs and increase scholarship funds • 55 plaques issued to schools • 482 certificates mailed to individuals scoring in top 20% • Press releases resulted in story being covered locally in several regions

  8. Future Plans • Continue current incentives for Challenge participants and achievers in 2012 – 2013 • Goal to increase participation (% change) • Provide feedback to U.S. Department of the Treasury on efforts in Iowa

  9. Questions? Contact Matt Brown at Iowa Student Loan (800) 243-7552, ext. 7656 (515) 243-7656 mbrown@studentloan.org

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