Article by Meredith Avant
TIAA was honored last week at the second annual Innovation in Financial Education Awards presented by NASDAQ and EverFi. The award recognizes TIAA’s significant efforts to improve the financial capability of Americans through unique digital learning initiatives.
Thirty-five institutions were honored with this distinction at a ceremony on April 6 at NASDAQ MarketSite in New York City. Honorees were selected based on a set of criteria that included the scale and reach of their financial education initiatives, the duration of their commitment, and unique employee volunteering activities that supplement their programs.
“Helping students and adults develop a foundation of financial understanding and capability is absolutely critical,” said EverFi Founder and CEO Tom Davidson.
“The organizations we’re recognizing here today are tackling this issue head on and taking positive steps to prepare millions of individuals with the critical financial management skills needed to move our country forward.”
TIAA is committed to providing students with the skills and knowledge needed to successfully navigate the increasingly complex financial world we live in. TIAA has partnered with EverFi to bring the Vault financial-literacy curriculum to Governors Village students at no cost to schools or taxpayers and has reached over 500 students since 2015.
The web-based program uses simulation and gaming technologies to bring complex financial concepts to life for today’s digital generation. Administered by teachers and supported by TIAA volunteers in a classroom setting, the web-based course offers over six hours of programming on a variety of financial topics including credit scores, insurance, credit cards, student loans, mortgages, taxes, stocks, savings, retirement savings and other critical concepts that map to national financial literacy standards. The platform uniquely tracks the progress and performance of every student.
• About Meredith Avant – Meredith is a UNC Charlotte senior majoring in communications with a concentration in public relations.