The results come from the SLA 2010 Financial Literacy Survey (full results to follow in the next day or two). Thank you to the over 220 respondents to the survey. Sixty-three programs were named by the sixty-nine respondents to this specific question indicating the multiplicity of literacy programs available from a variety of providers. For the second year in a row, NEFE's CashCourse is the top program mentioned by financial aid administrators (click here for last year's results). Their website now indicates that their product is being offered at over 502 campuses making them the closest to a market standard at this point. Please note however, that it is difficult to gauge the usage patterns of their product. I didn't come across such statistics (if anyone has them, please feel free to pass along).
Here are the programs mentioned, with the frequency that they were named in response to this open-ended question on the survey: What source(s) would you recommend for a financial aid administrator interested in developing a financial literacy program for his/her institution?
Financial Literacy Program | Prevalence |
Percentage |
NEFE/Cash Course | 14 | 20% |
General- Guarantors Not Named | 10 | 14% |
USA Funds | 7 | 10% |
Texas Guaranteed (TG) | 7 | 10% |
EdFund | 5 | 7% |
American Student Assistance | 4 | 6% |
National Student Loan Program (NSLP) | 4 | 6% |
Texas Tech (Red to Black) | 4 | 6% |
General - Lenders Not Named | 4 | 6% |
AFCPE Accredited/Certification | 3 | 4% |
Dept. of Education | 3 | 4% |
General - Servicers Not Named | 3 | 4% |
NASFAA (Webinar - November 2009) | 3 | 4% |
Great Lakes | 2 | 3% |
360financialliteracy.org | 2 | 3% |
I Otto Know This (Syracuse University) | 2 | 3% |
JumpStart Coalition | 2 | 3% |
NACUBO | 2 | 3% |
University of North Texas (Into the Green) | 2 | 3% |
University of Connecticut | 2 | 3% |
Access Group | 1 | 1% |
Dave Ramsey | 1 | 1% |
Decision Partners | 1 | 1% |
ECMC (guarantor) | 1 | 1% |
National Education | 1 | 1% |
Education Cents | 1 | 1% |
FISAP | 1 | 1% |
California Community Colleges SFAAA | 1 | 1% |
California Student Aid Commission | 1 | 1% |
Cash for College | 1 | 1% |
NELA (guarantor) | 1 | 1% |
Credit Unions | 1 | 1% |
H&R Block | 1 | 1% |
Bloomberg | 1 | 1% |
Money.com | 1 | 1% |
FDIC | 1 | 1% |
Adventures in Education (AIE) | 1 | 1% |
Mint.com | 1 | 1% |
American Insitute of Certified Public Accts. (AICPA) | 1 | 1% |
Mapping Your Future | 1 | 1% |
MEFA | 1 | 1% |
Missouri Dept. of Higher Ed. | 1 | 1% |
Association Private Sector Colleges and Universities (APSCU) | 1 | 1% |
National College Access Network (NCAN) | 1 | 1% |
Campus Watch | 1 | 1% |
Smith College - Women & Financial Independence | 1 | 1% |
NY HESC | 1 | 1% |
University of Minnesota | 1 | 1% |
Know How To Go website | 1 | 1% |
College for all Texans website | 1 | 1% |
Wisefinancialmanagement.com | 1 | 1% |
University of Oklahoma | 1 | 1% |
University of Texas | 1 | 1% |
University of Nebraska | 1 | 1% |
Creighton University | 1 | 1% |
New Mexico State University | 1 | 1% |
myfico.com | 1 | 1% |
annualcreditreport.com | 1 | 1% |
youcandealwithit.com | 1 | 1% |
crown.org | 1 | 1% |
Your Life, Your Money (PBS) | 1 | 1% |
Young Money (PBS Magazine) | 1 | 1% |
Comments
You can follow this conversation by subscribing to the comment feed for this post.