Students to earn NCEA credits through money education

High school students will now be able to gain NCEA credits by learning about money.

The Commission for Financial Capability (CFFC) has launched the new resources through the Sorted In Schools free financial capability programme on Tuesday.

The resources are aligned with unit standards and have NZQA accreditation allowing students to gain credits in level 1 and 2, and merit and excellence endorsements.

It is also available in te reo Māori for teaching in kura and Te Reo classes.

Students will learn about money management, saving, debt, goal setting, insurance, investing, KiwiSaver and retirement.

Director of learning Nick Thomson says the financial impact of the COVID-19 pandemic makes the new learning opportunity even more relevant.

"CFFC research revealed the financial vulnerability of many families due to the effects of COVID-19. 34 percent of households were in difficulty and 40 percent were at risk of tipping into hardship," he says.

"Sorted in Schools is helping the new generation to become financially resilient, so they're better equipped to weather financial storms throughout their adult lives."

Thomson says the money skills the course will teach are valued by employers and will give students the confidence and capability to engage in further money education.

The content will be put up on the Sorted in Schools website for teachers this week.