State Farm Grants $10,000 to Mt. Healthy Schools: Check Presentation
March 22, 2011
For Immediate Release:
John Morris, Director of the Economics Center at the University of Cincinnati, will bring laptops and a software simulation program called MicroEnterprise to Mt. Healthy Jr./Sr. High School to teach students a financial lesson on how to start a business. State Farm Insurance will support that financial literacy lesson with a check to Superintendent Lori Handler for $10,000.
Morris will present his financial lesson to students enrolled in business education courses at 8:30 a.m. March 25 at the school, 8101 Hamilton Ave., in Mrs. Tinch's classroom, room 312. Tinch is one of two business education teachers at the school. A second class begins at 9:24 a.m., with State Farm making the check presentation at 9:30 a.m.
Through the software, students will begin a business and navigate through the complex decisions associated with running a business. "We will let them experiment with it and have fun with it, then restart the simulation as a computer, seeing who can make the most money.
The money will be used to support the Why Money Matters Financial Education Initiative, a financial literacy program for students in support of personal finance education.
The initiative aims to bring teacher training, lessons, activities and programs to Mt. Healthy classrooms, with the intent of positively influencing 983 students' knowledge of personal finance basics. In 2010, the Ohio Department of Education mandated personal finance education for all Ohio high school students.
About Economics Center: The Economics Center was founded in 1977 and is a leading source of economic information and resources for educators, students, businesses, and the community. The Economics Center broadens teachers’ knowledge about economics and finance through professional development seminars and empowers teachers to introduce these important concepts to students in the classroom from kindergarten to high school. Annually, the Economics Center trains 600-1,000 educators. These individuals improve their working knowledge of the economy, entrepreneurship, and personal finance and then pass this knowledge onto over 25,000 students.
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