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: Spring 2007 Recipients :

Colleen Johnston: Diversified Cooperative Education program teacher at West Valley High School, will use the grant to purchase special finance calculators that reinforce financial literacy. In addition to classroom curriculum, activities and guest speakers, these calculators provide an interactive resource that support learning and implementing valuable life skills for budgeting, savings, investing, and the time value of money for students in 9th - 12th grade at WVHS, Fairbanks Youth Facility, and Guided Independent Study.

Daryl Frisbie: Consumer Studies teacher at Anderson Middle School, received funding to enable students to participate in a school business experience that solves a problem and fulfills the need for lunch options at the school. Students use a parliamentary approach to create a snack shop and are utilizing many business functions to get the program started; including surveys, production cost analysis, advertising, developing job descriptions and scheduling positions. Students plan to use some of the profits to donate to other organizations such as the Cystic Fibrosis Foundation and to explore investment opportunities.

Lori Cotton: Intensive Resource teacher at West Valley High School, will use the funds to assist her students in an entrepreneurial learning experience that will help raise money for further life skill learning opportunities. Her students wanted to create a small business and needed job coaches to help them learn and accomplish the various jobs necessary for a small business. The IR students partnered with Key Club members to sell gourmet coffee to teachers and staff before school starts in the morning. Both sets of student will reap rewards as they assist each other in reaching goals that will lead to improved money management, communication and social skills for all participants.

Jim Trombley: 5th grade teacher at North Pole Elementary School, will use the grant with Junior Achievement activities that teach young students the concepts of scarcity, profit motive and business types. The students are focusing on fundraising for a year-end field trip. Students learn the value and relevance of money and the importance of saving for a future goal. They keep ledgers to track business expenses and revenue from popcorn sales. Students are actively involved in making financial decisions while learning valuable life skills and team work as they strive to keep cost down to maximize profits. Students plan to expand their fundraising business with a snow cone machine.

Melanie Hinzman: 2nd grade teacher at Joy Elementary School, will use the grant to purchase age specific books for her classroom that deal with banking and establishing savings accounts. The grant will also help fund a field trip to explore and tour the credit union and learn more about jobs, machines used in a credit union, and the process for opening a savings account. Young students learn some of the essential skills they need for life with a valuable introduction to the importance of wise financial decisions. Ms. Hinzman believes these exploratory activities are also a great method to incorporate reading and math lessons.