Grant Brings Personal Finance Education to Every Idaho High School
Idaho Central Credit Union partners with Stukent to teach teenagers about financial literacy.
Idaho Central Credit Union is partnering with Stukent to provide a grant for each high school in the state of Idaho so that students may experience Stukent’s Mimic Personal Finance simulation and curriculum free for the next five years.
Stukent is an Idaho Falls-based digital courseware provider focused on improved education through up-to-date textbooks, real-world simulations, and other instructional resources for teachers and students. The Mimic Personal Finance simulation uses decision-theory learning to teach students the basic principles of financial literacy in a simple and powerful way and creates an environment where students’ choices dictate the learning experience.
ICCU’s mission is to help members achieve financial success. Stukent’s mission is to help educators help students help the world. Mimic Personal Finance gives educators the opportunity to teach their students how to achieve financial success. ICCU partnered with Stukent because the two company missions are aligned and ICCU had the vision to bring financial literacy to all Idaho high school students.
The credit union’s generous commitment will give high school students all over the state the opportunity to acquire personal financial skills using state-of-the-art technology and decision-learning theory. Participating high schools will also have the opportunity to have ICCU visit their school once a year to receive applied financial training.
“At ICCU, we know that the earlier we can help our members learn how to improve their financial situation, the better,” said CEO, Kent Oram. “That’s why, when we had the opportunity to provide financial literacy to high school students in an engaging new way, we moved on it. Our five-year commitment will support offering this software to every high school in Idaho at no cost to the school.”
While Idaho offers personal finance as a unit in economics courses, personal finance education is not currently a graduation requirement. Only a few states have made personal finance courses a graduation requirement in their high schools. ICCU’s partnership with Stukent will help make Idaho a leader in personal finance education.
“We are so excited to announce this partnership with ICCU,” said Stukent founder and CEO, Stuart Draper. “Now, every student in the state of Idaho can learn one of the most critical life skills: money management. Stukent is leading the way in financial literacy education by providing cutting-edge courseware, and ICCU is leading the way in corporate responsibility by covering the cost.”
Editor’s Note: Idaho credit unions working with educators are encouraged to let teachers and administrators know about the Mimic Personal Finance program. Educators may find out more about the program online.