Communities in Schools

Financial Planning Academy

The Details

  • 2 week online summer program
    • 4 hours each day
    • 40 total hours of programming
  • Students learned about
    • Python programming
    • Data visualization
    • How to take care of their financial futures
  • Students created
    • A data science finance project

Expectations

“I’m hoping to gain a basic understanding of finance, expand my programming knowledge, and be able to collaborate with others, while being exposed to new financial learning experiences which will be beneficial for me since I would like to major or minor in finance.”
– Anjali –

“I hope to gain a better understanding of the financial responsibilities I will hold in the future and also how to accurately create a plan to be financially accountable. I also hope that by attending this camp I will gain enough knowledge to set myself up on the path to success for being financially literate.”
– Aditi –

“I am hoping to gain an understanding of how to properly spend/take money (take as in loans) in order to reduce the burden of college tuition on my parents.” – Haya –

Participants

Grade
# of participants
9
4
10
6
11
4
12
6
College Freshman
1
Race/Ethnicity
# of participants
Asian or Pacific Islander
13
Black or African American
2
Hispanic or Latino
3
Other
3
State
# of participants
California
9
DC
1
Florida
2
Massachusetts
2
Missouri
2
Oregon
2
Texas
3
  • 33% of participants qualify for Free or Reduced Lunch (FARL)
  • 14% of participants will be first generation college students

Mentors

Professional Mentors

Kevin Lee
Sr. Content Developer, Deep Learning at NVIDIA
Vanessa Anguiano
Research Assistant at Heluna Health

Peer Mentors

Roshan Balla
Shreenidhi Kunta

Students in Action

Team 1:

Created student debt calculator: add up the costs for the 4 years in college for housing, tuition and fees, and meal plan (living expenses), to see how much they need to pay for college. then, keep an expected income right after college to gauge financial well-being. The project allows users to select from a collection of 6000 colleges to prepopulate tuition costs.

Team 2:

Created creating a database which outputs information regarding how to improve your financial state and learn about finance. Examples include how to improve credit score, what a mortgage is, non-racial banks.

Team 3:

Created a budgeting app using the 50-30-20 rule, using location statewise, loans, to output budgets as a pie chart.

Team 4:

Creating an expense feature which will be able to determine how much they will have leftover in savings after all of their expenses.

Program Impact

“The program benefitted me because I’ve never had a class like this before and I feel like I’ve learned so much in the past 2 weeks. I feel more prepared for my future.”

– Giselle-

“This program has helped me cement my desire to pursue a career in a stem field and has also helped me budget for the future.”

– Chloe –

“I enjoyed working with a diverse team from all over the US, learning under the mentorship of Kevin and Vanessa who made the class seem welcoming and engaging, and all of the hands on financial activities.”

– Aditi –

Survey Results

of students reported an increased level of comfort with finance concepts compared to before the camp
50 %
of students reported an increased ability to plan for their financial futures compared to before the camp
50 %
of students reported an increased understanding of and ability to use Python compared to before the camp
50 %