SAFE invests over $100,000 in Financial Education for High School Students
South Carolina high schools are receiving over $100,000 in aid from SAFE Federal Credit Union to address financial literacy.
SAFE Federal Credit Union committed the funds to underwrite a state-of-the-art personal finance program for high schools throughout the South Carolina Midlands. So far, 45 public and private high schools have opted for the program, which will benefit as many as 45,000 students. Additional schools are being encouraged to participate as well.
The initiative aligns with the recent provision in South Carolina’s state budget, passed earlier this year, requiring high school seniors to earn a one-half credit in financial literacy to receive a high school diploma. The new requirement will take effect for the graduating class of 2027.
“While SAFE supports the state’s recent requirements for financial literacy, we recognize the budgeting constraints it may present for schools and educators,” said president and CEO, Michael Baker. “Our investment will give these students access to comprehensive financial education at no cost to taxpayers or parents, ensuring they’re better prepared for the world beyond high school.”
Developed by education technology provider, Stukent, the personal finance course provides effective, real-life learning experiences through finance simulations. Once successfully completed, the course provides students with a full credit unit.
“Richland School District Two is delighted to utilize SAFE’s financial literacy courses,” said Director of Strategic Partnerships, Maria Owens. “The interactive and practical application of these courses will engage students quickly and impact their future finances tangibly.”
SAFE is making the financial literacy program available at no cost to all public and private high schools in Sumter, Lee, Kershaw, Clarendon, Florence, Richland and Lexington Counties. The schools currently enrolled will begin personal finance instruction with the spring semester in January.