POST SECONDARY CAN – FINANCIAL LITERACY TEAM ACTIONABLE OUTCOMES
Most recent meeting date: October 10, 2018
Participants: Eileen Sherlock, Terri Beeson, Susan Harlos, Delia Withey, Paul Kulpinski.
- The financial literacy curriculum scoring matrix revealed that the primary gap across all programs was in the areas of assessing financial risk. The team considered developing information and conversation to educate around a “hierarchy of financial needs”.
- The team agreed upon a measurement of our success:
- Demonstrated change in client behavior through implementation of strategies appropriate to their financial need.
- Self reported placement along the “hierarchy of financial need”.
- This would be measured by a pre and post survey.
- Action Steps
- E Sherlock will secure train-the-trainer resources for the Wells Fargo financial literacy training – which partner agencies will use to fill the gaps in their existing curriculum
- E Sherlock will investigate a sample “hierarchy of financial need”
- S Harlos will forward P Kulpinski Coconino County’s client survey so a draft survey tool can be created using an online platform
- All partners will share their client data to create a baseline from which we will measure our progress:
- Placement along the “hierarchy of financial need”.
- Percent of individuals/families in each hierarchy
- Percent of individuals/families who successfully enroll in financial literacy support from referral
The next meeting will be November 1, 2018 from 11:30 – 1:00 pm at the United Way of Northern Arizona offices.
ACTIONS CURRENTLY IN PROGRESS
- FAFSA awareness and completion events.
- Financial Aid community event planning
FUTURE AGENDA ITEMS
- Review the financial literacy program rankings, identify the gaps and strategize for improved alignment.
- Refine the timeline and action steps for creating a mentorship system for FAFSA completion for fall 2019
- Develop and/or adopt a one-sheet to guide students and parents in completing the FAFSA
- Recruit UWNA volunteers to support NACRC in FAFSA labs
- VITA, Coconino County Community Services ask clients about need for FAFSA support
- Top 5 FAFSA FAQ’s https://blog.ed.gov/2016/01/top-5-fafsa-questions/
QUESTIONS FOR FUTURE CONSIDERATION
- What education standards exist for K-12 financial literacy from the Arizona Department of Education?
- How is financial literacy being taught in the Flagstaff area public schools?
- What resources exist for helping children in their early years establish a foundation for financial literacy and mathematics?
- What other community organizations provide financial literacy services in the Flagstaff area?
- What qualifications will we use to identify the students/families targeted for FAFSA mentorship?
- What partner organizations can be sources for volunteers for FAFSA mentorship?
- What partner organizations can be sources for identifying potential students/families for FAFSA mentorship?
FINANCIAL LITERACY TEAM MEMBERS
Eileen Sherlock, Team Lead
United Way of Northern Arizona – VITA
Native Americans for Community Actions
NAU – Educational Opportunity Center
Coconino Community College – TRiO
Northern Arizona College Resource Center
Coconino County Community Services
United Way of Northern Arizona
Coconino County Community Services – Save to Learn
Small Business Development Center
Earn 2 Learn