Why Evaluate

While examination on the effectiveness of financial education has many factors to consider, NEFE has taken measures to improve evaluation studies—for both practitioners and researchers.

Continuously seeking information on the impact of a program or educational session is imperative. Well-designed evaluations tell instructors whether and how they are improving behavior, knowledge and confidence of learners, and where improvements need to be made. Without evaluation, or by using ineffective tools, instructors rely on anecdotes to inform their work and evaluators miss opportunities to measure multiple aspects of a program. A more comprehensive assessment can show where immediate improvements can be made, and which areas of success can be capitalized.

NEFE Education Program Evaluation

NEFE is committed to thorough evaluation of our own educational programs. In 2018, an independent evaluation of the High School Financial Planning Program found that students receiving financial education based predominately on the HSFPP outpace those learning from other curricula and resources in positive behavior formation and confidence.

During the 2018-2019 school year, NEFE’s CashCourse college program underwent a rigorous evaluation with an independent third party. These findings offer valuable insight into how schools use CashCourse and how the program impacts student learning and behavior.

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