2008 Financial Literacy Grant Recipients

Nhulunbuy High School
Nhulunbuy NT
The Grow Zone

Sixteen students supported by the special education annexe at Nhulunbuy High School in East Arnhem Land will benefit from a Financial Literacy Grant to fund ‘The Grow Zone’. In this program, the students will create a garden centre business that sells pavers and concrete garden ornaments to members of their local community. The students will be responsible for taking orders, balancing order sheets, monitoring budgets and managing profit. From this exercise the school plans to develop a sustainable business which will expand their financial independence within the community.

 
Northern Territory Open Education Centre
Casuarina NT
Financial Literacy Games

The Northern Territory Open Education Centre has been awarded a Financial Literacy Grant for its program ‘Financial Literacy Games’, which is an extension of its current program. The grant will be used to develop educational games which advance student learning. The games encourage the repeated use of important financial terminology and the opportunity to use the concepts in simulated, ‘real-life’ situations, which some of the students might not otherwise experience. They will also require students to engage in decision making and realise the consequences of their decisions.

Xavier Community Education Centre
Winnellie NT
Financial Literacy for Tiwi Youth

Located in the remote indigenous community of Winnellie, where the students’ first language is Tiwi, Xavier Community Education Centre will introduce the concept of financial literacy to its students with the help of a Financial Literacy Grant. Its program, ‘Financial Literacy for Tiwi Youth” will encompass a number of activities to stimulate interest in financial matters and improve the money management skills of the students. Activities will include the set up of a small business, guest speakers and the development of a curriculum which will explore the topics of budgeting, loans, interest and taxation.