Becoming a MoneySmart School

Although you need to meet requirements, the path to becoming a MoneySmart School may be different for each school.

Key criteria

Completion of Teacher Workshop 1

We recommend that the whole school staff undertake Teacher Workshop 1 - Introduction to consumer and financial literacy education for teachers either through a face to face professional development workshop or our online equivalent prior to registering to become a MoneySmart School.

To organise for a Workshop 1 presentation at your school contact a MoneySmart Teaching Project Officer or complete the online module equivalent. Workshop 1 is also available for download from the MoneySmart website for delivery within your school.

This workshop:

  • Raises awareness of the importance of consumer and financial literacy for young people and the need to start this as early as possible in their lives
  • Showcases ASIC's MoneySmart Teaching's broad range of Australian Curriculum aligned ready to use classroom resources
  • Shows how MoneySmart Teaching helps teachers build capacity and confidence to teach consumer and financial literacy in the classroom and supports teacher personal learning.

Principal support

Gaining your Principal's support is important for schools registering to become a MoneySmart School.
The MoneySmart School model encourages schools to integrate consumer and financial literacy education across all year levels as well as raise awareness and engage with the broader school and local community. This can only be achieved with the support of the Principal.

Nominate a key contact

Nominate a key liaison person in your school who will be a key contact for the program.

Provide implementation strategies

Simply tell us what you are doing in relation to consumer and financial literacy education in your school. An example of one school's implementation plan is provided to assist you. This will help us to identify how we can best support you.

We understand that each school's approach will be different and that schools will implement consumer and financial literacy education in a way that best meets the needs of their students, teachers and community. Some schools may take a staged approach to implementation starting with just one learning area or faculty and expand over time. Others make consumer and financial literacy a whole school priority by embedding it in all learning areas and all year levels.

Suggested implementation strategies

The following is a list of suggested consumer and financial literacy activities that you could undertake to be considered to be a MoneySmart School.

  • Establishing a leadership role in the school to coordinate and drive consumer and financial literacy education
  • Develop an implementation plan for the teaching of consumer and financial literacy education in your school
  • Embedding consumer and financial literacy units of work and digital resources into your school's curriculum structure by:
    • Undertaking an audit of what consumer and financial literacy education is currently being taught both formally and informally. (An audit template is provided in the Facilitator Guide  - Resource 3)
    • Using the MoneySmart Teaching units of work and digital resources
    • Adapting MoneySmart Teaching units of work and digital resources to align with your school priorities
    • Adapting existing units of work  to include a consumer and financial literacy perspective
    • Developing your own consumer and financial literacy units of work. (A planner template is provided in the Facilitator Guide - Resource 8, to support this process)
    • Incorporating informal activities such as fundraising events to be part of the formal curriculum
  • Participating in consumer and financial literacy showcase activities or events that engage the school community.
  • Undertaking MoneySmart Teaching Workshop 2 - Exploring Consumer and Financial Literacy Education in your classroom and Workshop 3 - Sharing your experiences of teaching Consumer and Financial Literacy
  • Delivering the MoneySmart Teaching parent workshop or other parent engagement approaches
  • Engaging with local school networks and local businesses

Evaluation and review

ASIC's MoneySmart Teaching program is reviewed on an ongoing basis to ensure continual improvement and we request your participation in this process. Participation may mean that ASIC or an external evaluator could request your engagement in some form of evaluation activity.

How to register

Once you have read and understood the criteria to become a MoneySmart School you can register your school online.

You can also email us at moneysmartschools@asic.gov.au with any queries or to request a copy of our brochure.

Privacy

Registering as a MoneySmart School will involve collection of certain personal information including your name and contact details. You can find information about ASIC's collection and handling of your personal information by consulting ASIC's privacy policy.

Register now


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Last updated: 13 Sep 2016