College Changes Everything‘17€¦ · Calculating ROI for Your Degree Savvy & Sustainable...
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Using Gamification (Digital Badges) to Structure Financial Education Across a University System College Changes Everything‘17
Transcript of College Changes Everything‘17€¦ · Calculating ROI for Your Degree Savvy & Sustainable...
Using Gamification (Digital Badges) to Structure Financial Education Across a University System
College Changes Everything‘17
U of I Student Money @ILStudentMoney Jul 20
“Using Gamification (Digital Badges) to Structure Financial Education Across a University System” slides at go.uillinois.edu/UofIBadgesSlides #CCE4me
#NSCFW16 On Twitter
About University of Illinois
u Three main universities
u Urbana-Champaign: 46,951 studentsu Chicago: 29,120 studentsu Springfield: 5,428 students
u Total Enrollment: 81,499
u Urbana-Champaign is a Land-Grant Universityu Satellite campuses at Peoria & Rockford
Financial Wellness at University of Illinois
University System
Student Money Management Center
Provide financial education to University of Illinois students
State-wide Outreach
Financial Wellness for College Students
Provide financial education to college students across Illinois
Objectives
Gamification Free Resources Cross-Promotion Themes Opportunities
Definition of Gamification
001430
3000
L=02
BONUS
HIGH SCORE001430
u Playersu Objectivesu Proceduresu Rulesu Resourcesu Conflictu Boundariesu Outcomes
Formal Game Elementsaka. game mechanics
Gamification Methodsu Points
u Badges
u Leader-boards
u Stories
u Levels
Gamification Methods
u Competitionu Achievementu Statusu Altruismu Community
Collaboration
u Pointsu Badgesu Levelsu Leaderboardsu Challenges
Gamification plays on our desires for 5 commonly used game mechanics:
What gamification methods do you already use?
According to Open Badges,
“A digital badge is an online representation of a skillyou've earned. Open Badges take that concept onestep further, and allows you to verify your skills,interests and achievements through credibleorganizations.”
Digital Badge Definition
What kinds of badges are you familiar with?
Problem: Lots of financial education opportunities but limited course offerings for non-majors & no defined structure to follow for those wanting to expand their financial knowledge.
u Why did we chose a digital badges program?u What does our program consist of?u How has digital badges been successful?
University of Illinois Financial Literacy Badges Program
u Already part of our culture:u Certificates have been growing in popularity on our
campuses in recent yearsu Digital badges enhance motivation to participate in
educational programsu Easy to implement:
u UIUC campus already had a relationship with Mozilla OpenBadges – the infrastructure was already there
u Supports our rich environmentu We wanted to encourage the programming happening all
over campus already
Why?
What? go.uillinois.edu/FLBadges
digital badges based on the financial core competencies outlined by the US Department of Treasury can be earned
In order to earn a badge, at least three educational activities must be completed for a particular core competency 35
Financial Core Competencies
borrowing earning protect saving spending
treasury.gov/resource-center/financial-education/Pages/commission-index.aspx
Timeline of Badge Program
3/6/13BoT
Presentation
AY13/14Fin Lit Task
Force meets regularly
FA14HigherOne Grant for
badges launch
SP16SMMC starts
progress updates
SU14Badges Proposal
approved
Borrowing Earning Protect Saving SpendingCreditMythsDebunked* FinancialPlanningClinic IdentityTheftProtection NewYearsResolutions,Finances&YouBasicsofBudgetingLoveYourLoan:StudentLoanRepayment*
HowtoTalktoClientsAboutMoney(forhelpingprofessions) CreditCheckClinic ManagingLife’sFinancialTransitions EstablishingYourRoots– Getting
StartedwithFinancialServices*
ManagingCredit&Debt* MakingtheMostofJobBenefits CoverYourAssets– KnowYourInsuranceTypes (inprogress) SavingMoneyWhileCommuting FinancialWellnessWhileAbroad*
Money4MedSchool StepsTowardFinancialPlanning StepsTowardInvesting* ManagingYourMoney
TaxabilityofTuitionWaivers PsychologyofSpending
CalculatingROIforYourDegree Savvy&SustainableSpending– GoingGreenToSave
LoveYourLoans MakingtheMostofJobBenefits CreditCheckClinic:Checkyourcreditreportforfree PaintAPig Budgeting101:YouAreWhatYou
Spend
StayingonGoodTerms:Credit&Debt Easyas123…FiliingYourOwnTaxes SecretsofCreditReportUnveiled MoneyHabitudes:DiscoverYourMoneyPersonality
WhereDoesAllMyMoneyGo?(BeanGame)
FinancialWellness&SavingsTips RSOTreasurerBudgetingWorkshopBorrowing Earning Protect Saving Spending
DebunkingCreditMyths(MM) JobBenefits(GS) StepsTowardInvesting(GS) EstablishingYourRoots– GettingStartedwithFinancialServices(GS)
LoveYourLoan:StudentLoanRepayment(GS) Scholarships(MM) FinancialWellnessWhileAbroad(GS)
StayingonGoodTerms:Credit&Debt(GS) HowtoTalktoClientsAboutMoney LifeTransitions(GS)
ChoosingaFinancialPro(MM) BudgetHacks:FromResearchtoPractical(GS)BuildingaBudget(MM)CashatCollege
Borrowing Earning Protect Saving SpendingCreditCards YourPaycheck IdentityTheft Banking FinancialHealthCreditReports Scholarships Investing SmartSpendingStudentLoansiBudget
Badge-Eligible Activities
Earn a Badge!
SMMC Workshops
Financial Wellness &
Partner Workshops
Webinar Quizzes
iGrad Modules
Outreach Campaigns
UPDATES SP16
1423
7281 84
95105
Dec-15 Jan-16 Feb-16 Mar-16 Apr-16 May-16 Jun-16
Badges Distributed Compared to Progress Updates
University of Illinois Results
Spending
10,487
4001,310
1,6053,777
Borrowing Earning Protect Saving
Badges Distributed
Participationin Badges
237
8 26 35 22 total = 328
participation = 14,834
Students that have earned: Totals1 badge 2312 badges 303 badges 54 badges 45 badges 2
Digital Library of Badge-eligible Activities
Get recognition for enhancing your financial skills.Earn University of Illinois financial literacy badges.
go.uillinois.edu/FLbadgesblog
Barriers & Challenges
Apprehension to “badges”
Selecting game elements
Extrinsic vs Intrinsic Motivation
Tracking can be cumbersome
Costs of marketing
Educational content development
u Portal for tracking & housing online programsu Automated progress updates & online dashboardu Suggestions based on a personal assessmentu More badge-eligible program facilitatorsu Expansion of badge-eligible activities
Future Dreams for University of Illinois’ Financial Literacy Badges Program
BRAINSTORMING ACTIVITY
u Who are potential providers of content?
u Who are other potential partners? (audience, promotion, etc.)
u Who are the student groups with specific needs?
u What content fits this target group? Is it ready to go or does it need created?
u What gamification methods would be useful with your target group?
Free Tools to Use
u Mozilla Open Badges
u Credly (has pro version)
u Class Badges
Badge Issuing Content Imagery
u Love Your Money
u Existing classes & workshops
u MOOCs, etc.
u Canva
u Piktochart(also has paid version)
u Easel.ly
