Effort Starts to Teach Iowa Kids Financial Skills

Posted at: 04/15/2013 10:36 AM


DES MOINES, Iowa (AP) - Iowa grade school students can learn financial lessons through a new online educational program offered by the state.
Lt. Gov. Kim Reynolds says Monday that the Vault program will teach 4th graders through 6th graders about how to handle money. The program is being offered free to schools by the Iowa College Student Aid Commission.
Students who use the program learn through interactive games and lessons. A spokeswoman for the Commission says the cost of providing the program to Iowa elementary and middle schools is $100,000 per year.
Vault was developed by EverFi, Inc., an educational technology company based in Washington, DC. EverFi also created a financial program that teaches high school students about finances. That program is being used in over 150 schools in the state.
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