CFEE and National Bank have been collaborating with provinces all across Canada to develop FinLit101 – a new online self-instruction course for high school students, that will also be available to teachers, parents, and others to develop personal financial capability.
CFEE works closely with the provinces and is aware that all provinces are working to do more in terms of financial education. But there are challenges – including an already crowded curriculum with many other learning responsibilities competing for classroom and teacher time; training teachers as most do not have a background in this area of learning; and the cost of additional resources. The new online course will help address all of these challenges.
Students will be able to take the course independently on their own time, or as part of a class. The program will employ the best teachers and teaching techniques to ensure effective student engagement and retention of what is learned. The program will also be designed to facilitate the participation and contribution of teachers who wish to work with the program as part of their instruction, since the program will be an excellent complement to many modules of instruction in a variety of courses in each province.
Here is a quick review of some of the features of FinLit 101.
- FinLit 101 will be a free online financial literacy learning program – in English and French – that will eventually be comprised of 12-15 learning modules focusing on key financial topics.
- We are currently piloting just one of the Modules – as you will see – and each Module will have a variety of associated topics. In the pilot Module, there are six topics covered. We want to gather extensive feedback from educators and youth before producing the rest of the Modules.
- Users can explore the Module and topics in sequence – or select those that are of most interest.
- Instruction for Learners is video-based – delivered by a number of “Hosts” as well as animations. There is an “Introduction” for each topic in text format – and there is also a Quiz associated with each topic.
- In addition to primary instruction there are a variety of “SideTrips” available with the aim of expanding learning through links to other quality resources that may be print, video, or audio based from Canada and other countries.
- There is also a “Discussion” feature that will enable Learners to engage in discussion with others.
- There is a gamification feature that enables users to acquire Achievement Points by viewing videos, reading material, completing quizzes, participating in discussion, etc.
The program will be free in all provinces that participate, as National Bank will generously be covering those costs, and development.
Development will continue to take place through collaboration with provinces that will have input into the development process along the way, to ensure its fit with provincial programs, plans, and criteria.
CFEE extends our sincere thanks to National Bank for its support and commitment to financial education in Canada – and to the provinces that will help us to ensure this program will be the best it can be to support improved financial capability in Canada.
CFEE welcomes you comments, feedback, and suggestions on FinLit 101. Please do so by completing the Survey Monkey feedback form at the following link: https://www.surveymonkey.com/r/6HKNMCXVisit Site