Economics & Personal Finance
News & Announcements
Working in Support of Education (W!se) Announces the W!se Blue Star Schools for the 2017-2018 School Year
Congratulations to the 258 schools nationwide who were announced in September 2018 as earning the designation of W!se Blue Star Schools for the 2017-2018 school year. To be designated a Blue Star School, a school must have achieved an 80% or above passing rate on the W!se Financial Literacy Test and have EITHER a majority of students on a given grade level take the test OR achieve a minimum average score of 85%. Of the 258 schools listed-This is a PDF document., 166 or 64% of them were Virginia schools. Congratulations to this year’s Blue Star Schools for an outstanding achievement and sincere thanks for the tremendous hard work in helping to improve the financial literacy of our nation’s young people.
Three Virginia Students win $2,000 National Scholarships
Working in Support of Education (w!se) announced its first annual Financial Literacy Ambassador Awardees on July 28, 2017. The five nationwide award recipients are:
- Jacob Carrick of Phillipsburg High School in New Jersey
- Sara Hettinger of Centreville High School, Fairfax County Public Schools, Virginia
- Tyler Humphreys of Woodbridge High School, Prince William County Public Schools, Virginia
- Brianna Sandy of Oscar Smith High School, Chesapeake Public Schools, Virginia
- Jonah Wolmark of Village School of Great Neck in New York
Awardees were selected by a panel of 10 judges. To be eligible, students needed a perfect 100% score on w!se’s national Financial Literacy Certification Test in the 2016-17 school year. Each applicant composed an essay which addressed the most important lessons learned from studying personal finance in high school and how those lessons will be applied to life. Each recipient received a $2,000 cash award. For more information-This is a PDF document..
W!SE Financial Literacy Certification
As outlined in the W!SE Financial Literacy Certification Test Proctoring Guidelines, students may have three attempts per semester to pass the W!SE test. Also, students with disabilities must receive the testing accommodations specified in their IEP or Section 504 Accommodation Plans, following the specific instructions given in the Proctoring Guidelines document. For more information, see Superintendent's Memo 274-16.
Instruction in economics and personal finance prepares students to function effectively as consumers, savers, investors, entrepreneurs, and active citizens. Students learn how economies and markets operate and how the United States’ economy is interconnected with the global economy. On a personal level, students learn that their own human capital (knowledge and skills) is their most valuable resource.
Beginning with students entering ninth grade in fall 2011, one standard unit of credit in Economics and Personal Finance is required for graduation with a Standard or Advanced Studies Diploma. Students may earn this credit by successfully completing the course at any time during their high school career. Students with disabilities seeking a Modified Standard Diploma may use the course to satisfy one of the three required mathematics credits.