Net Literacy Alliance

Net Literacy challenges students to create financial literacy videos and games

Net Literacy, a digital literacy nonprofit comprised of local Indiana students, along with State Farm Insurance, announced a national competition allowing students will compete for more than one hundred monetary awards for creating videos and interactive games demonstrating the importance of financial literacy. The two organizations came together after Net Literacy received a digital learning grant of $100,000 from State Farm. Net Literacy plans to align the contest with the Indiana Department of Education’s recently established financial literacy standards, which are taught to all 6th through 12th grade students.

David Johnson, Net Literacy’s Student Chairperson and a sophomore at Northwest High School remarked, “We hope that many schools will use this contest as both a class project and an opportunity to engage students to learn about financial literacy.”

Net Literacy’s student board aggregated 200 “best of the web” financial literacy videos and interactive games after a review of more than 5,000 websites. The organization then constructed a website to serve as a resource to students, parents, and educators. The website will launch in April. Following the website project, Net Literacy proposed a grant to encourage students to learn more about financial literacy and use their knowledge to create videos and Interactive games that help their classmates have fun while learning about financial literacy. “Thanks to State Farm and State Farm’s Youth Advisory Board, Net Literacy will be launching a national competition where students can compete for more than 100 awards that will range from $250 to $1,000 for creating videos and interactive games that relate to financial literacy, said Johnson. “We hope that many schools will use this contest as both a class project and an opportunity to engage students to learn about financial literacy. Afterwards, the videos and interactive games will be consolidated on a website where they will be used as a financial literacy resource for students, educators, and parents. The creators of this content will win both a bit of fame and fortune, while helping increase financial literacy among across the country.”

State Farm’s generous grant gives Net Literacy the resources to implement the contest. The student-produced videos and interactive games will be consolidated on a national website where they will be used as a financial literacy resource for students, educators, and parents.

“I am proud that Net Literacy, an organization made of Indiana students, successfully competed for State Farm’s financial literacy grant. This is the type of service learning project that encourages student success, and I congratulate them on this endeavor,” said Superintendent of Public Instruction Dr. Tony Bennett.

“State Farm supports service-learning because it combines service to the community with classroom curriculum in a hands-on approach to mastering subject material while fostering civic responsibility,” said State Farm Community Specialist Ed Perez. “The State Farm Youth Advisory Board is a prime example of State Farm’s commitment to education, our community and our youth.”

Visit www.statefarmyab.com for more information about the different projects being funded and about the Youth Advisory Board.

State Farm will present the check to Net Literacy at a press conference in Indianapolis on February 22, 2010.

More information is available by clicking on the Financial Literacy Contest tab and registering to receive email newsletter updates from this website.