Dollars And Sense

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Commonwealth Bank youth and education initiatives

The Commonwealth Bank has supported education and financial literacy for more than 70 years. In 2003. the Bank launched the Commonwealth Bank Foundation, which aims to assist all Australians through programs that develop financial life skills to secure their financial wellbeing.

By providing access to a range of tailored financial literacy programs, we want to empower Australians – particularly young Australians – to develop skills that will allow them to make effective decisions to achieve their financial goals.

Current Commonwealth Bank Foundation programs

Commonwealth Bank Foundation Financial Literacy Grants
The grants are designed to help secondary schools nationally (years 7 to 10) implement education programs that will develop student financial literacy awareness, understanding and skills. Working with Business Educators Australasia the Foundation has made 100 grants of $3,500 annually since 2004. Further details regarding the Grants and information about how to apply is available at www.commbank.com.au/financialliteracygrants

StartSmart
The StartSmat Program offers secondary school students nationally the opportunity to participate in capital city forums, regional workshops and in-school workshops featuring interactive sessions directed towards development of financial literacy skills. For annual StartSmart Program dates visit www.startsmart.com.au

Curriculum Resource
The Financial Literacy Curriculum Resource provides teachers with relevant and engaging money management information and activities for secondary school students. The 12 modules have been mapped to the curriculum in each state and territory and can be downloaded from www.commbank.com.au/foundation

Australian Financial Literacy Assessment
Educational Assessment Australia were commissioned by the Commonwealth Bank Foundation to develop a Financial Literacy Assessment for students in Year 9 and 10. The assessment is available as an online pre and post learning assessment at www.eaa.unsw.edu.au/afla

For more information and other initiatives offered by the Commonwealth Bank Foundation visit http://www.commbank.com.au/foundation

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