|Contact Name:||Missy Lundberg||Phone:||312-914-0857|
Net Literacy receives close to $100,000 to aid Financial Education Program
West Lafayette, Ind., Feb. 19, 2010 – The State Farm Youth Advisory Board announces Net Literacy Senior Connects will receive a $97,999.60 service-learning grant for Financial Education project.
The check will be presented at the Indiana Department of Education’s Riley Conference Room at 161 West Ohio Street, Indianapolis, Indiana, on Monday February 22 at 10:30. Dr. Schauna Findlay, the Department of Education’s Director of Curriculum and Instruction, will discuss the importance of financial literacy.
Net Literacy is one of 82 community organizations or schools to receive a service-learning, youth-led grant across the United States and Canada. More than 1,100 grant requests were received by the Board.
“This project will expand the existing Financial Connects program,” said YAB board member, Karin Unruh. “This is a great way to improve financial literacy for these high school students.”
“Thanks to State Farm and State Farm’s Youth Advisory Board, Net Literacy will be launching a national competition where students can compete for more than 100 awards that will range from $250 to $1,000 for creating videos and interactive games that relate to financial literacy, said David Johnson, Net Literacy’s Student Chairperson and a sophomore at Northwest High School. “We hope that many schools will use this contest as both a class project and an opportunity to engage students to learn about financial literacy. Afterwards, the videos and interactive games will be consolidated on a website where they will be used as a financial literacy resource for students, educators, and parents. The creators of this content will win both a bit of fame and fortune, while helping increase financial literacy among across the country. Learn more about the contest by visiting www.netliteracyalliance.org and clicking on Blog.”
“State Farm supports service-learning because it combines service to the community with classroom curriculum in a hands-on approach to mastering subject material while fostering civic responsibility,” said State Farm Community Specialist Ed Perez. “The State Farm Youth Advisory Board is a prime example of State Farm’s commitment to education, our community and our youth.”
Visit www.statefarmyab.com for more information about the different projects being funded and about the Youth Advisory Board.
About State Farm®:
State Farm insures more cars and homes than any other insurer in the U.S., is the leading insurer of watercraft and is also a leading insurer in Canada. State Farm’s 17,700 agents and 68,600 employees serve 81 million policies and accounts – more than 78.7 million auto, fire, life and health policies in the United States and Canada, and more than 1.9 million bank accounts. State Farm Mutual Automobile Insurance Company is the parent of the State Farm family of companies. State Farm is ranked No. 31 on the Fortune 500 list of largest companies. For more information, please visit statefarm.com® or in Canada statefarm.ca®.
About the Youth Advisory Board: The State Farm Youth Advisory Board is a diverse group of 30 youth, ages 17-20, who were chosen through a competitive process to lead and oversee this $5 million/year signature service-learning initiative. The Youth Board identified the issues, issued competitive grants and will now provide technical assistance, communication and oversight to site grantees.