Saber es dinero hoy día, knowledge is money (Miguel Ángel Morcuende)
Financial Avenue Assessment of Student Money Knowledge
Transcript of Financial Avenue Assessment of Student Money Knowledge
FINANCIAL AVENUEAssessment of Student Money KnowledgeJULY 2018Vonda Garcia, Presenter
Financial Avenue – Online Financial Education Tool
• UC San Diego partnered with Inceptia to offer the Financial Avenue On-line tool to our students in August 2017
• Financial Avenue provides students key personal finance concepts with a customized action plan to translate concepts into behaviors
• Courses are self-paced and provide content in short, easily-digestible sound bites, in English or Spanish
• Students can choose from 10 different courses
2
Financial Avenue – Inceptia’sOnline Education Program
• Throughout the Financial Avenue experience, students will identify their personal money philosophy
• For administrators, tracking student progress is easy by providing access to detailed, real-time reporting and pre- and post-course assessment results
• Inceptia, a division of National Student Loan Program (NSLP), is a nonprofit organization
3
Data Collection Tools – Registered Users Chart
[39 users] [0 users]
[49 users]
[877 users]
Data Collection Tools – Registered Users
Data Collection Tools – User Activity Graph
Data Collection Tools – Pre- vs Post-test Scores
Pre- vs Post-test Scores Weighted Average 32.36
SAMPLE SAMPLE SAMPLE
Donec varius viverra leo ac iaculis. ↑ 46% ↑ 30%
Donec varius viverra leo ac iaculis. ↑ 58% ↑ 27%
Donec varius viverra leo ac iaculis. ↑ 38% ↑ 46%
Donec varius viverra leo ac iaculis. ↑ 28% ↑ 30%
Data Collection Tools – Pre- vs Post-test Results Graph
• No Pre- or Post-test scores available for Psychology of Money
Top Ranking Courses Completed
#1 #2 #3
#4 #5
Data Collection Tools – All Courses Completed
Data Collection Tools – Highest Pre- vs Post-test Scores
Most Popular Course
• The most completed course was “Psychology of Money”, which was not a required course.
June 18 Mar 18 – May 18 Dec 17 – May 18 June 17 – May 18
Current
Users
# of Users who
registered during
current contract 8 % Avg Grade 381 % Avg Grade 952 % Ave Grade 955 % Avg Grade
Psychology
of Money
# of Current Users
who completed
course
0 0 N/A 3 0.8 N/A 134 14.1 N/A 136 14.2 N/A
Foundations
of Money
# of Current Users
who completed
course
0 0 0 2 0.5 100 80 8.4 87.4 81 8.5 87.35
College and
Money
# of Current Users
who completed
course
0 0 0 0 0 0 75 7.9 92.87 75 7.9 92.87
Earning
Money
# of Current Users
who completed
course
0 0 0 0 0 0 74 7.8 92.79 74 7.7 92.79
FAFSA # of Current Users
who completed
course
0 0 0 0 0 0 71 7.5 89.88 71 7.4 89.88
Data Collection Tools – Other Courses Pre- vs Post-test Scores
June 18 Mar 18 – May 18 Dec 17 – May 18 June 17 – May 18
Current
Users
# of Users who
registered during
current contract 8 % Avg Grade 381 % Avg Grade 952 % Ave Grade 955 % Avg Grade
Loan
Guidance
# of Current Users
who completed
course
1 12.5 100 0 0 0 19 2 91.45 20 2.1 91.25
Credit and
Protecting
Your Money
# of Current Users
who completed
course
0 0 0 1 0.3 91.67 32 3.4 90.63 32 3.4 90.63
Spending and
Borrowing
# of Current Users
who completed
course
0 0 0 0 0 0 22 2.3 93.94 23 2.4 93.48
Future of Your
Money
# of Current Users
who completed
course
0 0 0 0 0 0 38 4 90.35 38 4 90.35
Debt and
Repayment
# of Current Users
who completed
course
0 0 0 0 0 0 29 3 88.51 29 3 88.51
FAFSA –
Espanol
# of Current Users
who completed
course
0 0 0 0 0 0 1 0.1 100 1 0.1 100
Total # of course
completed by
Current Users
1 6 575 580
SAMPLE SAMPLE SAMPLE
Donec varius viverra leo ac iaculis. ↑ 46% ↑ 30%
Donec varius viverra leo ac iaculis. ↑ 58% ↑ 27%
Donec varius viverra leo ac iaculis. ↑ 38% ↑ 46%
Donec varius viverra leo ac iaculis. ↑ 28% ↑ 30%
The Scholarship Incentive – Scholarship Criteria
• Application period open November 20, 2017 and closed February 5, 2018
• Ten $2,000, one-time scholarship winners will be selected
• Complete at least four different courses within Financial Avenue
EMAIL TO 20,000 UNDERGRADUATE STUDENTS ABOUT FINANCIAL AVENUE
• Email sent to 20,000 undergraduate students
Getting Others Involved – Financial Avenue Flyer
• Flyer and instructions
distributed to the Colleges,
all Student Resource
Centers, Trio Program,
OASIS, and Undocumented
Students
Outreach On Library Walk – Financial Avenue Flyers
• Flyer
distributed on
Library Walk,
Financial
Literacy
Workshops,
Financial Aid
&
Scholarships
Lobby and
Counseling
Rooms