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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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2012 National Financial Capability ChallengeIowa’s Impressive Results

Presented by

Matt Brown

Iowa Student Loan

July 20, 2012


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”


Statewide Partners

Iowa Department of Education

Iowa Jump$tart

Junior Achievement of Central Iowa

Iowa College Access Network

Iowa Student Loan


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


School Panel

  • Bob Mantell

    • Treynor Community Schools

    • Financial Literacy Director

  • Kyle Kuhlers

    • Alburnett High School

    • Business/Computer Education


Results


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


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


Questions?

Contact Matt Brown at Iowa Student Loan

(800) 243-7552, ext. 7656

(515) 243-7656

mbrown@studentloan.org


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