McGehee High School was recently awarded a $3,750 Arkansas Securities Department grant through the agency’s Investor Education Grant Program.
B. Edmond Waters, Arkansas Securities Commissioner, recently announced the award, according to a news release.
The grant will be used to purchase personal finance curriculum and materials, participate in the Stock Market Game and teachers’ professional development. Additional funding for students to participate in the Stock Market Game was awarded through donorschoose.org.
The grant program, which began in 2003, provides funds for public schools and non-profit groups that provide investment education to Arkansas students in grades five through 12.
Derrell Thompson, McGehee High School principal, said he is pleased that his school was selected for the award to give students a jumpstart on meeting next year’s state Department of Education financial literacy requirements.
“Beginning with the entering 9th grade class of 2017-2018 school year, each public high school student shall be required before graduation to earn a credit in a course taken in grade 10, grade 11, and grade 12 that includes the personal and family finance standards,” Thompson said.
“In preparation for these requirements, we are delighted to offer an introduction to our students to foster an understanding of economics and financial literacy through the Stock Market Game and economics and personal finance,” he said.
“We appreciate Economics Arkansas and the Arkansas Securities Department for giving us the support and resources to bring financial literacy to our school. This is an important step for our students and teachers,” Thompson said.