2008 Financial Literacy Grant Recipients

Cabra Dominican College
Cumberland Park SA
Financial Literacy for Independent Living (Students with Special Needs)

Cabra Dominican College, in Cumberland Park, will use its Financial Literacy Grant to fund ‘Financial Literacy for Independent Living’ a program for students with special needs. Through the program, students will learn about sources of income and money management and will be given the budgeting tools needed for life outside of school. Students will also run various virtual small businesses and visit institutions like Centrelink, the Disability Employment Network and Bedford Industries to get a sense of how they might use their newly-acquired skills in the future.

 
Immanuel College
Novar Gardens SA
To enhance financial literacy skills of young people when using mobile phones

Immanuel College in Novar Gardens will be using its Financial Literacy Grant to use mobile phones to teach Year 10 students financial skills. The program will show them the different plan types and how to budget for different handsets and call rates. They’ll also learn about consumer protection and debt management – including how to identify mobile phone scams. Students will then work in teams to develop a DVD for their peers about how to be financially smart when it comes to ringing up a bill.

Kaurna Plains School R-12
Elizabeth SA
Cultural arts and bush food plants enterprise

Kaurna Plains School R-12 is set to expand its students’ cultural arts and bush food plants businesses through their Financial Literacy Grant. Students will write a business plan, create budgets, purchase resources, track expenditure and sell their finished products during the school’s Youth Sports Carnival. This exercise will improve students’ financial literacy confidence and the program will give them a flavour of what it takes to run a small business.

Keith Area School
Keith SA
Moving Mountains with Money

‘Moving Mountains with Money’ is a team-based competition run by Keith Area School for Year 8 to 10 students, funded by its Financial Literacy Grant. Students are given a set amount of money to use for making investments, saving and spending. Different aged students will work together in teams so that all can learn from each other’s financial experiences. The aim of the program is to develop students’ competency in managing their money and to understand the potential ramifications of financial transactions.

Le Fevre High School
Semaphore South SA
Budget for a Life

Le Fevre High School supports students who are involved in apprenticeships and trades. It will use its Financial Literacy Grant on a ‘Budget for a Life’ program. Students will develop budgeting skills, including identifying incomes and expenses, before developing their own detailed personal financial plan. At the end of the program, students will be able to use this valuable tool to determine the effect and implications of their future financial decisions.

Pasadena High School
Pasadena SA
I Can Do It Too: Money Skills for Living

Pasadena High School will introduce financial literacy to its intellectually disabled students through its ‘I Can Do It Too: Money Skills for Living’ program. The program will develop critical skills for students, ensuring they offer the correct money when making a purchase. By the end of the program students will have mastered ways to shop independently, a skill which will make a significant difference to their quality of life.

Salisbury High School
Salisbury North SA
Financial-opoly!

Salisbury High School will use its Financial Literacy Grant to kick off “Financial-opoly!”  This Monopoly-type game helps Year 10 students understand financial transactions and encourages them to maximise their savings whilst meeting their financial commitments. As part of their learning around financial literacy, students will access online tools and participate in guest speaker presentations from community organisations.

Unity College
Murray Bridge SA
Money for Life

Unity College, in Murray Bridge, has been awarded a Financial Literacy Grant for its program, ‘Money for Life’. Aimed at middle school students with disabilities or learning difficulties, this simple and interactive program will increase students’ understanding of money, financial knowledge and skills. Simulated real life scenarios will be used to provide an insight into money management.