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Akron High School named Gold Standard School for financial literacy

AKRON CENTRAL SCHOOL
47 Bloomingdale Avenue • Akron, New York 14001

Mr. Stephen Dimitroff                                                       Mrs. Mary Fial
          High School Principal                                                 Assistant HS/MS Principal
      (716)542-5030                                                            (716)542-5030

 

AKRON HIGH SCHOOL EARNS GOLD STANDARD FOR FINANCIAL LITERACY

 

AKRON, NEW YORK (October 12, 2021) - Next Gen Personal Finance (NGPF), a non-profit with a mission to ensure every HS student in America takes a personal finance course by the year 2030, has awarded Akron High School its Gold Standard School award.
     Montana State University researchers teamed up with NGPF to evaluate thousands of high school course catalogs and graduation requirements on the following scale:

  • Bronze Standard Schools offer some personal finance instruction in less than one continuous semester, often by embedding it into other courses (e.g. Economics).
  • Silver Standard Schools offer at least one semester of personal finance as a standalone elective OR offer a standalone personal finance course as one option among multiple that can fulfill a one semester graduation requirement.
  • Gold Standard Schools ensure all students take at least one standalone semester course in personal finance before graduation.

     Outside the six states (AL, MO, UT, MS, TN and VA) that currently guarantee every high school student will take a personal finance course, researchers identified 1,591 Gold Standard Schools, Akron High School among them. In New York State, only 2% of high school students are guaranteed to take at least one semester of Personal Finance.  One can see each state’s data on NGPF’s Got Finance? Map on their website, https://www.ngpf.org

     "Our Personal Finance course has been available for six years, but became a requirement for graduation with the Class of 2020," said Mrs. Karen Saeli, the school's Business teacher for the course.  "Interest has been very positive and has resulted in our offering Personal Finance 2, a course that is devoted to the fundamentals of investing."
     K-12 financial education has recently found the spotlight with 26 state legislatures introducing bills to expand access to financial education in public schools in 2021.
     NGPF co-Founder Tim Ranzetta said, “Gold Standard Schools show remarkable leadership, surging ahead of state progress on financial education instead of waiting for a mandate. The teachers, parents, students, administrators, and community leaders in these schools show what can happen when a coalition commits to build the financial capability of the next generation.”
     "Requiring Personal Finance to graduate from Akron High School is an example of decisions our school makes to better prepare our students for life beyond high school," said Mr. Stephen Dimitroff, principal at Akron High School.  "We are pleased to be recognized as a leader in this effort and hope that other schools see the inherent value of this type of course and follow suit."
     There are 461 students enrolled at Akron High School in grades 9-12.  The school is accredited by the State University of New York Board of Regents and operates on a two-semester academic school year.

About NGPF

Next Gen Personal Finance (NGPF) is on a mission to ensure all high school students get guaranteed access to a full semester class in personal finance. NGPF.org has become the "one-stop shop" for more than 53,000 financial educators looking for high-quality, engaging curriculum to build the financial capability of their students. NGPF's curriculum, teacher professional development, and advocacy tools are provided at no cost to schools.

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