Indiana Financial Literacy Report Card

Martha Henn McCormick

No 2005-NFI-02, NFI Reports from Indiana State University, Scott College of Business, Networks Financial Institute

Abstract: Networks Financial Institute (NFI) conducted a survey (parallel to that of the Jump$tart Coalition for Personal Financial Literacy national survey) to generate an in-state baseline of information about Indiana high schools seniors and their level of financial management skills and education, generating a Financial Literacy Report Card. The Jump$tart Coalition for Personal Financial Literacy is an organization that seeks to evaluate and improve the personal financial literacy of young adults; develop, disseminate, and encourage the use of standards for grades K-12; and promote the teaching of personal finance. Jump$tart conducts a biennial survey of high school seniors nationwide to assess their financial management skills and education. NFI’s research compares Indiana results to national Jump$tart 2004 results. This Financial Literacy Report Card analyzes the financial literacy levels of high school seniors from across the state. NFI administered the Jump$tart financial literacy examination to a sample of students from all regions of the state, all income levels, and in both rural and urban settings.

Pages: 5 pages
Date: 2005-08
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