The document outlines New Jersey's efforts to build the financial education capacity of K-12 educators through various initiatives since 2010. It describes a "perfect storm" of events that increased the need for teacher training, including new graduation requirements and curriculum standards for personal finance. A 2011 state law provided funding from credit unions for teacher capacity building efforts delivered by Rutgers Cooperative Extension, including annual financial education boot camps, after-school workshops, webinars, and lesson plans. These initiatives aim to provide educators with the skills and resources to teach personal finance effectively.

1. Boot Camp and Beyond:
Building the Financial
Education Capacity of
K-12 Educators
Barbara O’Neill, Ph.D., CFP
Extension Specialist in Financial Resource Management
boneill@njaes.Rutgers.edu
@moneytalk1

2. Summary Handout (Poster)

3. “Perfect Storm” of
Positive Financial
Education Events in NJ
• Personal Financial Literacy course graduation requirement:
http://www.state.nj.us/education/aps/cccs/career/FLFAQ.ht
m#gradcredit
• Improved personal financial literacy curriculum standards:
http://www.state.nj.us/education/cccs/2014/career/91.pdf
• Credit union funding for teacher capacity building:
http://www.njleg.state.nj.us/2010/Bills/AL11/108_.HTM

4. P.L. 2011, c.108 (NJ Law)
August 2011 law that authorizes New Jersey
credit unions to serve as public depositories for
the purpose of promoting personal financial
literacy education
Annual funding based on average daily balance
of public funds held on deposit at credit unions;
money factors at $2m, $25m, $50m amounts
Credit union funding up to $100,000 annually in
a calendar year from any credit union

5. Teacher Capacity-Building
Has Been a Big Issue in
New Jersey Since 2010

6. Why a Teacher Capacity-
Building Focus?

7. RCE Became the State-
Designated Financial
Education Provider

8. Three Key State “Players”
NJ Department of Education (NJ DoE)
Selects designated financial education provider;
Sets annual deliverables with financial education provider;
Oversees completion of financial education deliverables
NJ Department of Banking and Insurance (NJ DoBI)
Receives funds from credit unions after the end of each
calendar year
Transmits funds to the designated financial education provider
Rutgers Cooperative Extension
Receives direction from NJ DoE and funds from NJ DoBI

9. “The Village”
Partners provide support with marketing, exhibits,
facilities, door prizes, meals, and materials.

10. New Jersey Teacher
Capacity-Building
Deliverables: 2014-2018
 Financial Education Boot Camp (full-day conference)
 Financial Education Teacher Exchange (after-school
workshop)
 Personal Finance Webinars (live and archived)
 Financial Education Lesson Plans

11. Financial Education
Boot Camp
 Full-day conference
 Brief “content chunks” interspersed with
learning activities that match content topics
 Technology updates
 Guest speakers
 7 continuing education credits

12. Boot Camp Photos

13. More Boot Camp Photos

14. Sample Boot Camp Agenda

15. Sample Boot Camp
Activity
https://www.youtube.com/
watch?v=H8Tx6TGvHBI

16. Financial Education
Teacher Exchange
 After-school workshop
 Facilitated teacher networking
 Lesson plan sharing
 Resource sharing (e.g., videos, calculators)
 2.5 continuing education credits

17. Financial Education
Teacher Exchange

18. Sample FETE Agenda

19. FETE Photos

20. Financial Education
Webinars

21. NJCFE Webinar Archive
http://www.njcfe.org/?page=Webinar

22. Lesson Plans
 18 lesson plans to date
 14-20 pages each
 Each lesson plan includes 5 learning activities
 Lessons also include 10 assessment questions,
a glossary, references and resources, and
learning extensions
 Available at https://njaes.rutgers.edu/money/

23. Lesson Plan Topics

24. Questions and
Comments?
boneill@njaes.Rutgers.edu
@moneytalk1 on Twitter