Raising Students’ Financial IQ

Posted on March 7, 2017

TCU Image with student in front of lockers

TCU’s Financial Empowerment program grows in Indiana to more than 100 schools

As adults, we deal with a wide range of transactions every day – at the store, online, credit cards, mortgages, insurance and saving for retirement. It’s a challenge to keep up with all the data and tools now at hand, and it’s only getting more complicated.

But what about our future, our kids? Will they be able to responsibly handle these tasks? And wouldn’t it be great if they were taught to apply all of the skills they learn in school to practical, real-world situations?

Now they are thanks to the Teachers Credit Union Financial Empowerment program (powered by FoolProof™) and underwritten by Teachers Credit Union and the TCU Foundation.

Launched in fall 2015, the program is reaching thousands of students in Indiana.

The TCU Financial Empowerment program is a free curriculum that quickly engages students with a unique, web-driven financial literacy program developed by teachers and personal finance experts. The curriculum teaches students critical thinking skills needed to ensure a lifetime of smart financial decisions.

The program provides teachers with a turn-key platform with resources and tools to assist in presenting the concepts delivered through twenty-two 45-minute interactive instruction sessions on topics ranging from credit cards and credit scores to saving for college, investing and retirement.

Since the TCU Financial Empowerment Program launched exclusively in Indiana in September 2015, more than 130 teachers in 100 high schools have registered for the program.

“This curriculum is taught to all Penn High School ninth graders as a part of their required financial literacy course requirement for graduation,” said Dr. Jerry Thacker, Penn-Harris-Madison School Superintendent located in Mishawaka, Indiana. “It is an exceptional program and this partnership with Teachers Credit Union aligns perfectly our vision to provide an excellent educational environment for students to reach their highest academic achievement and prepare them to be responsible, healthy and contributing to an ever-changing world.”

Jimtown High in Elkhart, Indiana was another early-adopter of the TCU Financial Empowerment program, and its school district superintendent Jim Dubois says the experience has been great.

Teachers love that it is a flexible web-based program with many resources to enhance student learning. We are grateful to TCU and the commitment they have made to make such a valuable program available to all schools in Indiana free of charge.”

“It is vitally important that our students be prepared for their future financial success,” echoed Dr. Dena Cushenberry, superintendent of MSD Warren Township Schools in Indianapolis. “This program is a powerful tool that allows our students to engage in learning in an interactive way and at their pace. We are grateful to Teachers Credit Union for making the investment in our students and underwriting this program.”

To view the program visit www.tcunet.com/empowermystudents. Teachers may click the Register button to get started. Teachers may sign up and begin at any point in the school’s calendar year.

With more than 50 locations in Indiana and southwest Michigan and $3 billion in assets, 85-year-old Teachers Credit Union is Indiana’s largest credit union. FoolProof™ offers free turnkey financial literacy curriculum to schools, distributed and funded by partner credit unions.