California Division of Schooling
Information Launch
California Division of Schooling
Information Launch
Launch: #22-44
September 28, 2022
SACRAMENTO—State Superintendent of Public Instruction Tony Thurmond hosted a digital webinar on September 28 to replace native academic businesses (LEAs), together with district and constitution college directors and classroom educators, on over $3.6 billion in block grants and different assets to advertise monetary training in California excessive colleges. He was joined by Tim Ranzetta, Co-Founding father of Subsequent Gen Private Finance, Cheryl Cotton, Deputy Superintendent of Instruction, Measurement, and Administration Department on the California Division of Schooling (CDE), and Tara Razi, a private finance trainer at San Marcos Unified Faculty District, to share the advantages of economic literacy for college students.
“It is a nice public-private partnership. Mother and father need this, college students need this, academics need this. Now there’s a $3.6 billion in state funding and $1.Four million in free entry to skilled improvement that faculty districts can use to make sure that all college students graduate with fundamental monetary literacy,” stated Thurmond. “By participating classes, we are able to educate college students tips on how to handle their funds, keep away from debt, and tips on how to make knowledgeable and sensible selections that may profit them all through their lives.”
Tons of of faculty districts attended the webinar that offered particulars on how monetary literacy skilled improvement will probably be provided throughout the state without charge. Analysis exhibits that college students who’ve entry to high-quality monetary training have higher monetary outcomes as adults, leading to much less debt and the next high quality of life. That is why the CDE partnered with California-based nonprofit Subsequent Gen Private Finance (NGPF) to offer trainer stipends {and professional} improvement for monetary literacy.
This August, Superintendent Thurmond introduced he had secured $1.Four million in personal funding for academics in California excessive colleges to obtain skilled improvement courtesy of Subsequent Gen Private Finance to show monetary literacy. This builds on the $3.6 billion Arts, Music, and Tutorial Supplies Discretionary Block Grant to county places of work of training, college districts, constitution colleges, and the State Particular Faculties, which can be utilized to increase monetary literacy course choices. The one-time grant is offered for encumbrance via the 2025–26 fiscal 12 months and is allotted on a per-pupil foundation.
“I believe private finance and instructing monetary literacy is extraordinarily necessary in making ready college students to be future-ready,” stated Razi. “One of many largest issues I wish to stress to educators which might be on this discussion board is that it’s not tough to begin this class and it’ll repay a lot on your college students to take this course. I’m actually excited to see this program develop and my hope is that we get extra academics on board to show it.”
Grant funds will probably be used to ship skilled improvement workshops to extend trainer confidence to show the course. Academics will obtain stipends for their participation, and the primary 1,000 California public highschool academics who full 20 hours {of professional} improvement with NGPF will earn a $500 stipend. Academics can join these skilled improvement workshops by way of NGPF’s Certification Programs
, On-Demand
, and Digital PD
net pages.
Funds can even be used to catalyze entry within the 5 largest public college districts within the state—Los Angeles, San Diego, Fresno, Lengthy Seashore, and San Francisco. Subsequent Gen Private Finance is providing an identical grant program to assist every district rent a private finance specialist. This specialist will present curriculum help {and professional} improvement to help educators inside the district. These districts can obtain additional particulars about this grant program by contacting senior mission supervisor Tori Mansfield at tori@ngpf.org.
In addition to the NGPF curriculum at present being utilized by greater than 4,000 California educators, different high-quality assets are listed on the CDE Grades Okay–12 Monetary Literacy Sources net web page. These to study extra can e-mail CFIRD@cde.ca.gov. A full recording of the webinar could be seen on the CDE Fb web page
.
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Tony Thurmond —
State Superintendent of Public Instruction
Communications Division, Room 5602, 916-319-0818, Fax 916-319-0100
Final Reviewed: Thursday, September 29, 2022