financial avenue assessment of student money knowledge
TRANSCRIPT
FINANCIAL AVENUEAssessment of Student Money KnowledgeJULY 2018Vonda Garcia, Presenter
Financial Avenue – Online Financial Education Tool
• UC San Diego partnered with Inceptia to offer the Financial Avenue On-line tool to our students in August 2017
• Financial Avenue provides students key personal finance concepts with a customized action plan to translate concepts into behaviors
• Courses are self-paced and provide content in short, easily-digestible sound bites, in English or Spanish
• Students can choose from 10 different courses
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Financial Avenue – Inceptia’sOnline Education Program
• Throughout the Financial Avenue experience, students will identify their personal money philosophy
• For administrators, tracking student progress is easy by providing access to detailed, real-time reporting and pre- and post-course assessment results
• Inceptia, a division of National Student Loan Program (NSLP), is a nonprofit organization
3
Data Collection Tools – Registered Users Chart
[39 users] [0 users]
[49 users]
[877 users]
Data Collection Tools – Registered Users
Data Collection Tools – User Activity Graph
Data Collection Tools – Pre- vs Post-test Scores
Pre- vs Post-test Scores Weighted Average 32.36
SAMPLE SAMPLE SAMPLE
Donec varius viverra leo ac iaculis. ↑ 46% ↑ 30%
Donec varius viverra leo ac iaculis. ↑ 58% ↑ 27%
Donec varius viverra leo ac iaculis. ↑ 38% ↑ 46%
Donec varius viverra leo ac iaculis. ↑ 28% ↑ 30%
Data Collection Tools – Pre- vs Post-test Results Graph
• No Pre- or Post-test scores available for Psychology of Money
Top Ranking Courses Completed
#1 #2 #3
#4 #5
Data Collection Tools – All Courses Completed
Data Collection Tools – Highest Pre- vs Post-test Scores
Most Popular Course
• The most completed course was “Psychology of Money”, which was not a required course.
June 18 Mar 18 – May 18 Dec 17 – May 18 June 17 – May 18
Current
Users
# of Users who
registered during
current contract 8 % Avg Grade 381 % Avg Grade 952 % Ave Grade 955 % Avg Grade
Psychology
of Money
# of Current Users
who completed
course
0 0 N/A 3 0.8 N/A 134 14.1 N/A 136 14.2 N/A
Foundations
of Money
# of Current Users
who completed
course
0 0 0 2 0.5 100 80 8.4 87.4 81 8.5 87.35
College and
Money
# of Current Users
who completed
course
0 0 0 0 0 0 75 7.9 92.87 75 7.9 92.87
Earning
Money
# of Current Users
who completed
course
0 0 0 0 0 0 74 7.8 92.79 74 7.7 92.79
FAFSA # of Current Users
who completed
course
0 0 0 0 0 0 71 7.5 89.88 71 7.4 89.88
Data Collection Tools – Other Courses Pre- vs Post-test Scores
June 18 Mar 18 – May 18 Dec 17 – May 18 June 17 – May 18
Current
Users
# of Users who
registered during
current contract 8 % Avg Grade 381 % Avg Grade 952 % Ave Grade 955 % Avg Grade
Loan
Guidance
# of Current Users
who completed
course
1 12.5 100 0 0 0 19 2 91.45 20 2.1 91.25
Credit and
Protecting
Your Money
# of Current Users
who completed
course
0 0 0 1 0.3 91.67 32 3.4 90.63 32 3.4 90.63
Spending and
Borrowing
# of Current Users
who completed
course
0 0 0 0 0 0 22 2.3 93.94 23 2.4 93.48
Future of Your
Money
# of Current Users
who completed
course
0 0 0 0 0 0 38 4 90.35 38 4 90.35
Debt and
Repayment
# of Current Users
who completed
course
0 0 0 0 0 0 29 3 88.51 29 3 88.51
FAFSA –
Espanol
# of Current Users
who completed
course
0 0 0 0 0 0 1 0.1 100 1 0.1 100
Total # of course
completed by
Current Users
1 6 575 580
SAMPLE SAMPLE SAMPLE
Donec varius viverra leo ac iaculis. ↑ 46% ↑ 30%
Donec varius viverra leo ac iaculis. ↑ 58% ↑ 27%
Donec varius viverra leo ac iaculis. ↑ 38% ↑ 46%
Donec varius viverra leo ac iaculis. ↑ 28% ↑ 30%
The Scholarship Incentive – Scholarship Criteria
• Application period open November 20, 2017 and closed February 5, 2018
• Ten $2,000, one-time scholarship winners will be selected
• Complete at least four different courses within Financial Avenue
EMAIL TO 20,000 UNDERGRADUATE STUDENTS ABOUT FINANCIAL AVENUE
• Email sent to 20,000 undergraduate students
Getting Others Involved – Financial Avenue Flyer
• Flyer and instructions
distributed to the Colleges,
all Student Resource
Centers, Trio Program,
OASIS, and Undocumented
Students
Outreach On Library Walk – Financial Avenue Flyers
• Flyer
distributed on
Library Walk,
Financial
Literacy
Workshops,
Financial Aid
&
Scholarships
Lobby and
Counseling
Rooms
