NFEC Announces Launch of New eVolve eLearning Personal Finance Education Platform
SAN FRANCISCO, Jan. 14, 2016 /PRNewswire/ -- As part of its ongoing quest to stay on the cutting edge of financial literacy programming, the National Financial Educators Council (NFEC) announces the 2016 launch of its new eVolve eLearning personal finance education platform and integrated learning management system.
The proprietary eLearning platform and learning management system form the backbone of the NFEC's eVolve Personal Finance Education Center. Grounded in constructivist theory, these online learning tools create a learner-focused interactive experience designed to be unique for each individual user. Learners construct their own understanding by completing practical real-world financial activities and then reflecting on those lessons. The NFEC believes this approach helps students assimilate what they learn and effectively translate knowledge into action.
At the same time, the eVolve platform and materials are solidly evidence-based and were designed according to current educational theory and benchmarks. The learner-centered approach applies accepted educational strategies including scaffolding, simulation, project-based learning, and case studies. Students who complete the entire eVolve program satisfy the requirements established in the National Financial Literacy Framework & Standards and earn the NFEC's Certification. The NFEC also has aligned its curriculum with national financial education and common core standards for teachers looking to satisfy required lessons.
To augment the eVolve program, the NFEC developed a Learning Management System that allows students and facilitators to customize learning pathways. Students can personalize their learning experience based on specific interests, test results, and lesson accomplishments. Course facilitators can choose from self-paced, timeline-based, or testing-based pathing. The Learning Management System's Central Dashboard provides robust evaluation data that allows educators to set up various engagement analytics and defined milestones.
Thriving in today's economy demands high-level skill sets that are best learned through a combination of hands-on and traditional teaching modalities. Virtual learning methods offer flexibility both for students and for educators. The NFEC cites the value of the eVolve platform's adaptability for delivery as self-study, to augment live instruction, or as part of a blended learning experience.
The NFEC's continued expansion into EdTech is aligned with their mission to raise people's financial capabilities on a global scale. The organization incorporated the latest education technology best practices into its financial education programming to build an authentic, dynamic learning process for nontraditional learners. Education technology – or EdTech – reflects the intersection between pedagogy and innovation being used increasingly more widely as colleges and certification programs strive to reach students with competing priorities.
As Vince Shorb, CEO of the NFEC, comments, "The program was developed for those passionate about promoting financial wellness who want to deliver a professional-level financial education that leverages best practices both for eLearning and for education." The platform is currently available for organizations and other businesses while the direct to learner model will be released in the 3rd quarter.
While eVolve makes financial literacy education accessible and translatable to a wide audience, the NFEC also employs the proprietary eLearning platform to deliver its nationally-recognized Certified Financial Education Instructor (CFEI) training program. The CFEI curriculum has been recently updated and graduates take a place among the best-prepared financial educators in the world. The launch of the eVolve and CFEI programs on the eLearning platform marks the NFEC's expansion into the EdTech space, with more online financial education programming to follow.
The National Financial Educators Council, a personal finance company with a social enterprise business model, has a mission to raise people's financial capabilities on a global scale. The NFEC is a full-service education company that provides financial literacy material, promotes advocacy campaigns, sets standards, conducts research and shares best practices. Trevor Stoll 775.549.0213
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SOURCE National Financial Educators Council