Pennsylvania Office of Financial Education Earns National Recognition for Innovation
HARRISBURG, Pa., Sept. 29 /PRNewswire-USNewswire/ -- The Pennsylvania Office of Financial Education has been named a "Bright Idea" by the Ash Center for Democratic Governance and Innovation at the John F. Kennedy School of Government, Harvard University.
"This honor says a lot about the importance of financial education and the innovation required for this work to be effective," said Secretary of Banking Steve Kaplan. "I am pleased and proud that Pennsylvania is receiving national attention for being a leader in promoting financial education across the state."
Bright Ideas is an initiative of the Ash Center's Innovations in Government Program, which spotlights exemplary models of government innovation and advances efforts to address the nation's most pressing public concerns.
The Pennsylvania Office of Financial Education is the only state government office of its kind in the nation. It was created in 2004 to help working families develop budgeting skills, acquire financial knowledge and gain access to resources that promote financial self-sufficiency. Its initiatives have increased the availability and quality of financial education in Pennsylvania's schools, communities and workplaces, and its programs have assisted more than 2,000 K-12 teachers, impacted 400,000 students and worked with more than 400 non-profit organizations and two dozen companies.
The office also strives to coordinate the many personal finance-oriented efforts of state government and manages the "Your Money's Best Friend" website, www.moneysbestfriend.com, which provides introductory information and resources on a wide array of financial topics.
The Ash Center launched the Bright Ideas program this year and selected 173 government initiatives for recognition from a field of nearly 600 applicants. More information about Bright Ideas can be found online at www.ash.harvard.edu.
Media contact: Ed Novak, 717-783-4721
SOURCE Pennsylvania Department of Banking
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