Online Financial Literacy Programs Leverage Best Educational Practices
The National Financial Educators Council recently announced the development of its online financial literacy programs, delivered on a branded platform called eVolve. eVolve represents an authentic, dynamic learning tool that delivers far more than just education; it imparts real-world skills that participants can apply to practical decision-making. From creating viable budgets, to reviewing credit histories, to accounting for inflation in one’s retirement planning, these practical lessons leave students with personalized financial plans to last throughout their lifetimes.
This proprietary personal finance course online platform offers specialized advantages for instructors, too. The system leverages best educational practices for eLearning, including engaging, vivid design features, simulation, appropriate scaffolding, case study and project-based learning aspects, and much more. It is the most comprehensive online financial literacy class available today.
Standout Features of the NFEC Online Financial Literacy Class
The online financial literacy programs presented through the eVolve system offer multiple features that make them stand out from the average, including:
Financial Life Guide Represents Important Activity in Online Financial Literacy Programs
Thanks to the robust eVolve platform, these online financial literacy programs go well beyond simple education: they guide students to complete activities that build a full financial foundation. The financial literacy online coursework and interactive learning features walk participants through lessons they need to address real-life situations they’ll encounter across their lifespans. One item that exemplifies this practical applicability is the Financial Life Guide, a personalized financial planning tool that each participant completes.
The Financial Life Guide leads students through a host of activities including both current and future budgeting; building retirement plans; strategizing for investment; investigating home-purchasing; examining their credit reports; eliminating debt; calculating the value of higher education; goal-setting; and creating a lifetime personal finance plan.
How You Can Pace and Deliver this Online Financial Literacy Class
The eVolve system offers adjustable ways to pace and deliver this personal finance class online programming, resulting in maximum flexibility for students and instructors. Options are outlined below:
Options for Pacing
Online Financial Literacy Programs Feature Powerful Learning Management System
Capable to adjust the financial education lesson plans for either synchronous or asynchronous instruction, the eVolve platform is constructed around a Learning Management System (LMS) that blends the latest in proven techniques for teaching remotely. The NFEC’s goal in creating this robust LMS was to optimize people’s assimilation and implementation of the lessons they learn in the online financial literacy class.
The LMS features a Central Dashboard that allows instructors to gather various metrics on participant engagement and completion of milestones. For example, you can track when students have completed the Financial Life Guide, a practical activity in the curriculum that has participants create full lifetime financial plans. You also can receive real-time progress reports, quiz and test results, number of vide views, and time students spend on lessons.