|FOR IMMEDIATE RELEASE:
May 26, 2004
FOR MORE INFORMATION:
Creative Response Concepts
(703) 683-5004 ext. 136
Creative Response Concepts
(703) 683-5004 ext. 106
Visa USA Brings Practical Money Skills Program to Fairhaven
Fairhaven Receives Computer Lab, Comprehensive Financial
Literacy Program and Teacher Training
FAIRHAVEN, MA – May 26, 2004 - Visa USA and U.S.
Representative Barney Frank, (D-4-MA), announced today that Fairhaven
High School will receive a new computer lab to help students and
teachers gain access to Practical Money Skills for Life –
Visa’s free, online personal finance curriculum.
Rep. Frank attended the event that included a demonstration of Practical
Money Skills for Life tools by Fairhaven High students. "This
is a good day for education in Fairhaven and I'm grateful to VISA
for its efforts,” said Frank.
“Visa is committed to improving the financial education of
today’s youth and seeing these students become tomorrow’s
success stories,” said Rhonda Bentz, director of public affairs,
actical Money Skills for Life (www.PracticalMoneySkills.com)
is a comprehensive financial literacy program - available in English,
Spanish and Chinese – that teaches young adults personal finance
skills. The program reaches more than 100,000 schools and 37 million
students in the United States.
The free educational resource provides teachers with lesson plans
(kindergarten-college) mapped to their state education requirements,
as well as teacher guides, overheads, instructional videos and CD-ROMs.
For students, there are interactive games and calculators designed
to teach responsibility and important concepts such as earning,
saving, and budgeting money.
“In this fast-paced age, parents can use help in teaching
their children about the basics of personal finance,” said
Jean Cote, principal of Fairhaven High School. “That’s
why we at Fairhaven have been eager to receive these new computers
and access the resources on the Practical Money Skills Web site.
Visa is providing a valuable resource today to our teachers and
students, and we intend to make the most of it as we convert our
students into financially-grounded young adults,” he added.
Visa USA donates computer equipment to schools and provides training
for teachers on how to use the Practical Money Skills for Life
curriculum. During 2004, Visa USA expects to donate computer labs
to 10 high schools across the United States. To date, Visa has donated
more than 40 computer labs nationwide.
About Practical Money Skills for Life
The Practical Money Skills for Life curriculum is teacher
tested and teacher approved. At the 2001 National Education Association
Expo, teachers graded and evaluated the program. Nearly 100 percent
of teachers who reviewed the website approved of it; 98 percent
said they would recommend the site to other educators; and 94 percent
gave the program a "B" or better. The curriculum currently
reaches 2.5 million teachers, 37 million students, and 100,000 schools.
Additionally, this program won the National Association of Consumer
Agency Administrators 2002 Achievement in Consumer Education Award
(ACE) for the best innovative program for the private sector and
named an “Honorable Mention” by the Jump$tart Coalition
for Personal Financial Literacy’s 2002 Soaring$tar Award.
Visa is the world’s leading payment brand and largest consumer
payment system, enabling banks to provide their consumer and merchant
customers with a wide variety of payment alternatives. Nearly 21,000
financial institutions worldwide rely on Visa’s processing
system, VisaNet, to facilitate $2.5 trillion in annual transaction
volume with virtually 100-percent reliability. Consumers in more
than 150 countries carry more than 1 billion Visa-branded cards,
accepted at millions of locations worldwide. Within the United States,
nearly 14,000 financial institutions issue 429 million Visa cards,
accounting for more than $1.1 trillion in annual transaction volume.
Visa offers a trusted, reliable and convenient way to access and
mobilize financial resources - anytime, anywhere, any way. For more
information about Visa, please visit www.visa.com.
For more information or to schedule an interview with a Visa USA
spokesperson, please contact Kristy Thomas (703) 683-5004 ext. 136,
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