Students at Melton’s John Ferneley College will be getting more money-savvy after it was announced this week that the school has been chosen to become a centre of excellence in financial education.
The college will work with educational specialists from leading financial education charity Personal Finance Education Group (PFEG) to create a detailed programme of financial education for their students and integrate the teaching of personal finance into the school curriculum. Santander is also supporting the college towards achieving PFEG Centre of Excellence status in the next year, turning it into a beacon of best practice in teaching young people about money.
The college, one of 40 across the country set to benefit from the programme, will also be supported in sharing its new expertise with other local schools.
John Ferneley principal Christine Stansfield said: “We’re pleased to be working with PFEG to become a Centre of Excellence in this crucial area. We know just how important it will be for our students to manage their money well throughout their lives. These skills don’t come automatically, they need to be taught, and as it’s our responsibility to prepare them for adult life we believe embedding financial education into our school curriculum is a necessity.”
Michael Mercieca is chief executive of financial education charity Young Enterprise which works with young people. He said: “We’re delighted John Ferneley has joined our Centre of Excellence programme through our partnership with Santander. The work staff will do with our educational specialists will be of huge benefit to students.”