FAME Promotes April as Financial Literacy Month

Financial Literacy Month is in full swing at the Finance Authority of Maine (FAME). Throughout the month of April, FAME’s College Access and Financial Education Team will be offering a variety of statewide initiatives and educational workshops intended to promote the importance of financial education to Maine citizens.

From kindergarten to college and beyond, FAME offers a variety of free financial education resources to Maine students, families, and educators. Last year, FAME presented over 200 financial education workshops to approximately 4,000 Maine residents. These sessions were offered directly in the school or college setting through presentations, games and a variety of hands-on learning activities. Through a partnership with iGrad®, FAME also provides financial education to Maine private loan borrowers and borrowers who are seeking to refinance their student loans.

FAME’s most popular financial education initiative, Claim Your Future®, was developed to encourage students to explore education and training after high school, future careers, and money management. Since its inception, the game has been played by students across Maine and throughout the U.S., and in 90 countries. Last year, nearly 16,000 students played Claim Your Future online and 2,000 students played the game in the classroom.

“FAME’s financial education efforts are a key element of our mission. We provide outreach to students of all ages at schools throughout the state, from Aroostook to York Counties, in order to help prepare Maine students for financially successful futures,” stated FAME Chief Executive Officer Bruce Wagner. “FAME is also proud to be a sponsor of the upcoming financial education conference for Maine teachers and community educators.”

According to a recent survey conducted by WalletHub of 50 states and the District of Columbia, Maine ranked No. 7 in the country for financial literacy.

The “Fostering Financial Education in Maine Schools Conference,” the ninth annual financial education conference for Maine teachers, administrators, counselors and others, will be held at the Augusta Civic Center on Friday, May 11,th from 7:30 a.m. to 3:30 p.m. FAME is once again sponsoring the conference along with the Maine Office of Securities, the Maine JumpStart Coalition, the Maine Credit Union League, and others. The goal of the conference is to provide Maine educators with the necessary tools, resources, and best practices for implementing Maine’s learning standards for personal finance and economics. The conference is free for classroom teachers and funds are available to cover substitute teacher expenses.

For more information on the financial education conference, please visit: mejumpstart.org

FAME is a quasi-independent state agency that provides innovative financial solutions to help Maine citizens pursue business and educational opportunities. FAME helps to lead the creation of good paying jobs for Maine citizens by working at the nexus between economic and workforce development. To learn more about FAME, please visit www.famemaine.com.