HSFPP 2007 Curriculum Evaluation

NEFE contracted Sharon M. Danes, Ph.D., professor and family economist in the College of Education and Human Development at the University of Minnesota, to lead research that would evaluate the use of the HSFPP across the United States during the 2009/2010 school year. Danes surveyed nearly 4,800 students and several hundred teachers immediately after they completed the HSFPP, and conducted a follow-up survey with a smaller sampling of students three months later. This study is part of a routine program evaluation following curriculum updates after each new version of the curriculum has been used by teachers across the country for at least two years. NEFE completed previous evaluations in 1998 and 2004.

The evaluation revealed important outcomes of the program, such as:

  • Before the program, less than half of the students said they understood checking accounts, debit cards, and credit ratings. After the HSFPP, a majority of the students strongly indicated they understood the importance of credit ratings (62 percent) and how checking accounts (62 percent) and debit cards (64 percent) work.

  • More than 70 percent of the students said they had improved saving behaviors, while an equal number said they had improved spending behaviors.

  • Before the program, only 40 percent of the students said they felt confident about making financial decisions. That number rose to 66 percent immediately after the program, and after three months, 79 percent reported they felt confident in their decision making.

  • Three out of four students reported sharing what they had learned through the HSFPP with family and/or friends; before the program, only 25 percent said they discussed money with family members.

For more information:
To view a summary of the evaluation (18 pages) click here.

To view the entire evaluation (74 pages) click here