WILKES-BARRE, Pa.--(BUSINESS WIRE)--
More than 130 students from Elmer L. Meyers High School were recognized today after graduating from the Higher One Financial Academy—a financial education course designed to empower young people with the skills needed to make sound financial decisions around topics such as student loans, credit cards, taxes, savings accounts and more.
Higher One, a leader in providing financial services and data analytics to more than 1,900 colleges and universities nationally, partnered with leading education technology company EverFi, Inc., to bring this interactive web-based financial management program to Elmer L. Meyers High School, as well as to more than 4,300 students across the country.
“The Higher One Financial Academy has offered our students a great opportunity not only to learn the importance of being financially literate, but also how to apply the lessons to their everyday lives,” said Michael Elias, principal at Elias L. Meyers High School. “This program aligns with our desire to educate, enlighten and inspire our students to succeed—both now and in the future.”
In order to bring complex financial concepts to life in ways applicable to high school students, the web-based program—offered at no cost to the school or local taxpayers—uses the latest in new media technologies, including simulations, avatars, gaming and adaptive-pathing. Recent research has shown that financial literacy education programs, such as the Higher One Financial Academy, can have a lasting impact on students in relation to financial behaviors.
“Money Matters on Campus, a recent survey of 65,000 first-year college students, showed that those students who received financial literacy education in high school scored significantly higher than their peers on financial knowledge questions and are significantly more responsible when it comes to money,” said Mary Johnson, director of Financial Literacy and Student Aid Policy at Higher One. “It’s critical that young adults receive a sound financial education as they make long-lasting decisions about college and how to finance their education.”
About Higher One
Higher One (ONE) partners with colleges and universities to lower their administrative costs and to improve graduation rates. We provide a broad array of payment, refund disbursement and data analytics and management tools to institutions that help them save money and enhance institutional effectiveness. And for students, we offer financial literacy programs and convenient, flexible and affordable transaction options to help them manage their finances. Higher One is a leader in higher education and we support more than 1,900 schools and approximately 13 million enrolled students. More information about Higher One can be found at www.higherone.com.
EverFi, Inc. is the leading education technology company focused on teaching, assessing, and certifying K-12 and college students in the critical skills they need for life. The company teams with major corporations and foundations to provide the programs at no cost to K-12 schools. Some of America’s leading CEOs and venture capital firms are EverFi investors including Amazon founder and CEO Jeff Bezos, Twitter founder Evan Williams, Rethink Education, New Enterprise Associates, Inc. (NEA), and Tomorrow Ventures (the investment arm of Google Chairman Eric Schmidt). Learn more at www.everfi.com.
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