A privilege for GAEE Seoul members
A privilege for GAEE Seoul members. Members are eligible to take the W!se Financial Literacy Certification.
W!se Financial Literacy Certification Test는 GAEE서울 멤버에게만 제공되는 특권입니다.
W!se is a leading educational nonprofit that provides financial education, college and career readiness programs, and services to students, educators and at risk adults.
Phyllis Frankfort Perillo
founded W!se in 1998 to provide education support for secondary students with a mission to improve financial literacy and readiness for college and careers. W!se programs make a difference in the lives of students, primarily in low-to-moderate income communities.
W!se operates with various partners across 48 states. Some of their partners include: BNP Paribas, Federal Reserve Bank of New York, Teachers College of Columbia University, Financial Planning Association.
About the W!se Financial Literacy Certification Program
Goal: Help high school students graduate as financially capable young adults
l Launched in 2002
l Offered in 49 states nationwide
l Students who pass receive a widely recognized CFL (Certified Financially LiterarteTM)
l CFL demonstrates to colleges and employers that students have the knowledge and skills to be financially savvy. Teachers are also recognized based on students’ performance on the Test. The program is one of the first to gather data about students’ personal finance behaviors. It is recognized by many US states’ departments of education and earned numerous awards including the U.S. Treasury Department’s John H. Sherman Award for Excellence in Financial Education.
l The W!se pre-test allows schools to benchmark students’ personal finance knowledge
l Participating schools administer our national standardized W!se test to assess students’ knowledge of personal finance. Students who pass are Certified Financially Literate™ indicating that he/she has met current national standards for personal finance.
l The national ranking of the 100 BEST W!SE HIGH SCHOOLS TEACHING PERSONAL FINANCE is announced in April each year. The predominant factor is the Financial Literacy Certification Test average score with consideration given to eligibility for free lunch and the proportion of test takers to the school population.