sponsors Oklahoma Securities Commission University of Oklahoma® Outreach
OVERVIEW What is STARS All About?
If a student is going to have a source of income, the student needs to learn how to manage and how to protect that money.
That’s what STARS is all about!
2 Defined
•What is the STARS Project?
-a supplemental project to enhance existing curriculum
-hands-on, real-world, relevant activities to motivate students
-financial and investment education
-securities fraud awareness and prevention
-long-term saving and investing
-risk assessment, goal setting, problem solving
-critical thinking, life skills enhancement
-online stock portfolio– tool used to accomplish objectives
3 Defined, cont’d.
•What the STARS Project is not?
-a game
•Students’ financial futures are a serious matter. We are not playing a game.
•Pensions? Social Security? Inflation? Fraud?
•What are our kids supposed to do?
•Where are they going to learn how to manage their financial futures?
4 Credibility
•Invest Ed® STARS aligns with Oklahoma’s PASS Standards. Documentation is posted on www.investedok.org at the STARS link on the Overview page. STARS will align with Common Core Standards.
•The Oklahoma State Department of Education recognizes the STARS project as a resource for Passport to Financial Literacy Act of 2007. However, STARS was in existence two years prior to HB 1476 being signed into law.
5 6
QUICK FACTS
Invest Ed® STARS – originated July 2005 Effective May 2013
•1,340 teachers trained
•21,781 student participants
•89 FREE teacher training events
FREE Teacher Training (3 options)
One-Day Workshops
posted on site
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www.investedok.org
Refresher Workshops
2-day
in Norman
subject-matter expert
June – posted on site
Teacher Institutes
4-day
in Norman
subject-matter expert
June – posted on site
What Teachers Receive at FREE One-Day Workshop
•detailed guidelines
•securities fraud videos
•financial calculator instruction & practice
•research tips and practice
•hands-on Internet portfolio training
•every form necessary to implement FREE project
•optional financial education resources
•resources for all Passport to Financial Literacy Act of 2007 objectives
•best practices from teachers since 2005
•info re FREE Refresher Workshop conducted by subject-matter expert
•pre-, post-survey info
•authorization to implement
•stipend
•info on receiving stipends for implementation
•certificate of completion
•professional development credit with district approval
8 What Teachers Receive at FREE Teacher Institute
•FREE registration, lodging, meals, materials and resources + daily stipend
•conducted by subject-matter expert, in Norman
•2 four-day workshops in June, 20 seats each
•for teachers who have never attended any training
•pre-, post-survey information
•introduced to multiple financial topics, attend optional enrichment sessions if desired, hands-on activities
•receive detailed introduction to STARS project, how to facilitate and implement
•professional development credit – certificate of completion
9 What Teachers Receive at FREE Refresher Workshop
•FREE registration, lodging, meals, materials and resources + daily stipend
•conducted by subject-matter expert, in Norman
•2 two-day workshops in June, 20 seats each
•for trained teachers only
•pre-, post-survey information
•2 levels of training available: teachers trained at either 1-day or 4-day workshops
•enhance existing knowledge, share best practices, review and be introduced to new materials, attend optional enrichment sessions if desired, participate in hands-on activities, create lesson plan
•professional development credit – certificate of completion
10 What Differentiates Our Program From Other Online Stock Programs?
•required student report
•securities fraud awareness/prevention
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Implementation
•How to implement -as a supplement to existing curriculum -required or optional activity -in clubs and organizations
examples: BPA, FCCLA, FFA, DECA, Academic Teams, Leadership, and more
•More than one teacher implementing per school is not a problem!
•Student groups allowed? yes (If a group wins, group members share the prize money.)
•May a student participate more than once? yes
Curriculum Areas
•all curriculum areas welcome
•all student academic levels welcome
•new curriculum areas and organizations always welcome
13 Timeframes
•Project Timeframes Available
-semester
-trimester
-quarter
-OKC year-round
-custom schedule on request
•Contact staff with special needs or concerns.
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Student Activities
•view securities fraud videos
•research; establish criteria for selecting stocks
•complete online risk assessment – paper option
•set project investment goal
•create and track online portfolio
•document the process
•write report at project’s end*
*Encourage students to write a few ¶’s at the end of each task; they will be writing a rough draft without even realizing it.
Student Benefits
•focus on value of long-range investing as opposed to get-rich-quick schemes
•raise securities fraud awareness and prevention
•raise awareness of how national and world events impact individual citizens as well as our economy
•understand and assess risk tolerance
•sharpen critical thinking, math, and research skills
•raise asset allocation awareness
16 Student Benefits, cont’d.
•experience impact of compound interest
•understand opportunity cost
•learn value of saving and money management skills
•practice setting goals, meeting deadlines, and writing reports
•computer research experience
•learn how to achieve financial freedom and independence, and more
17 Teacher Activities
•#1 – Teachers are trained to facilitate. (not expected to be subject-matter expert!)
•ALL materials are furnished by Invest Ed®.
•Contact staff with questions.
•Introduce program using various suggestions presented at workshop.
•Schedule computer access.
•Maintain timeframe and monitor deadlines.
•Submit top 2 reports per class to STARS staff.
•Attend Awards Ceremony if student is a report winner—May and December .
18 How Does a Student Win?
•write best report
•report criteria posted on www.investedok.org at STARS link on Handouts and Resources page
•$ value of portfolio not a criterion for winning; project’s focus - investing for the long term
•evaluation tool posted on site at STARS link on Handouts and Resources page
•state winning reports posted on Awards page
19 Awards
•Awards for student report winners
-six regional report winners - $250 each
(NE, NW, SE, SW, Central, South Central)
-one overall state report winner - $1,000
(state winning reports posted on site)
-plaques
-newspaper coverage for all student winners, administrators, teachers, schools
•Awards for teachers
-teachers of each winning student - $100
•Awards Ceremony – Saturday luncheon
20 Additional Information
•FAQ page at www.investedok.org at STARS link
• STARS Promotional DVD released April 2012
-comments from participating students and teachers and Invest Ed® STARS sponsors and staff
-discusses relevance, validity, cost, goals, how to implement, time involved, teacher training, teacher support, and more
21 Cost?
22 Funding Source
The main sources of Invest Ed® funding are civil enforcement settlement monies and registration fees of securities professionals.
The STARS program has also received funds from the national Investor Protection Trust. investorprotection.org
23 www.investedok.org
THANK YOU!
24 Contact Information
Jo Ann Murray, Project Director
405.325.6882
jmurray@ou.edu
Laura Olson, Events Coordinator
405.325.7452
lolson@ou.edu
toll free
800.942.5702
FAX
405.325.7687
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