Print Page

Dress Code

Find out about the
2011-2012 CMSD Uniform/Dress Code here.

School Menu

Want to know what
is for breakfast or lunch at school? Find out here..

3/21/2011 10:00:00 AMCleveland District Launches Financial Literacy Program

March 2011, Urban Educator


The Cleveland Metropolitan School District recently joined forces with six Cleveland financial institutions to launch a new financial literacy education program for students.

The Making Money Matter Program (M3P) aims to not only provide students with lessons in finance and economics and introduce them to careers in the finance industry but also help to improve student test scores in math and social studies. The program’s curriculum is aligned to the district’s mathematics and social studies standards and Ohio’s Academic Achievement Assessment.

The M3P program was the brainchild of Eugene Sanders, the recently departed CEO of the Cleveland school system, who approached officials at a local bank in an effort to spearhead a joint partnership between the financial industry and the school district. For the past two years, a committee of bankers has worked together with school system officials to create a quality financial literacy education program.

Last spring, a pilot program of the new curriculum was tested in two eighth-grade classes at R.G. Jones School. And last summer, a $25,000 grant was presented to the school district to implement and expand the M3P program, which was incorporated into the curriculum of 15 classes at seven K-8 schools for the 2010-2011 school year. Evaluation results from the program are not in yet, but students and teachers have praised the program and district officials believe the program will result in improved test scores for students.

“The need to provide a quality financial education to better prepare our students for their future is more imperative than ever in today’s economic climate,” said Sanders in a press release. “To have the commitment to our students from the financial industry sends an encouraging message to the community that education is indeed everyone’s business.”

 

The Urban Educator is the Council of Great City Schools' award-winning monthly newsletter on the latest national, state and city developments in the field of urban education.