Educational Opportunities

Scholarships

DuTrac Community Credit Union 2017-2018 Academic Scholarship Program

This program is available to graduating seniors who are members in good standing for at least one year at DuTrac.

Up to seven (4 – $500 and 3 – $1,000) non-renewable scholarships will be awarded to qualified students who plan to attend a credited community college, trade school, technical college or university.

There are two options available to apply for this scholarship:

  • Entrants must write an essay with a minimum of 500 words, double-spaced, on the following question: You and a friend would like to start building credit. Discuss with your friend what good credit is, ways to start building credit, how your credit union can help, and the benefits earned by having good credit.
  • OR create a 60 to 90 second video highlighting the following topic: The importance of financial literacy in schools.

Find DuTrac Academic Scholarship guidelines and application here.

Essay and video entries must be submitted by Friday, March 24, 2017.

(DuTrac employees and their immediate families are not eligible for the DuTrac Academic Scholarship.)

 

Dubuque Area Labor Management Council 2017 Education-to-Employment Grant Program

The Council’s Education-to-Employment Grant Program awards up to nine grants of $1,000 each to individuals intending to work in Dubuque, Jo Daviess or Grant counties at the completion of their educational program.

Find complete information about the Dubuque Area Labor Management Council Grant Program here.

Applications must be submitted by Saturday, April 1, 2017.

 

Money Smart Week Essay Contest

Students in grades 7th through 11th can now enter the eleventh annual Money Smart Week essay contest and compete for the chance to win $1,000 to help boost their college savings. Eligible students can enter the contest by writing an essay of 400 words or fewer, answering: “Do you think there is a connection between financial health and physical health? Please explain your answer. What can you do to become more financially healthy?”

Essays are due by March 24, 2017. The student with the winning essay will be selected as Iowa’s Money Smart Kid for 2017 and receive $1,000 toward college savings. Find complete details here.

 

BizKid$ Lesson Plan Topics

This project has received funding through a grant from the National Credit Union Foundation.

  • BizKid$ Basics: Learn budgeting basics, credit insurance, taxes, saving and how to make smart purchases to avoid debt.
  • Careers: Learn about career options, ethics, taxes paycheck deductions and how to overcome failure.
  • Credit & Debit: Learn what is good credit, how to use credit wisely, how to get a good credit score, the impact of too much debt and how to get out of debt.
  • Entrepreneurship: Learn brainstorming ideas, marketing, selling, managing income and expenses, growing a business and “green” business ideas.
  • Financial Markets & The Economy: Learn about stock exchanges, economic cycles, financial institutions, global economy, and how the value of money is created.
  • Financial Planning: Learn about fianancial goal setting, budgeting, compound interest and financial planning.
  • Personal Finances: Learn tips of saving and investing, budgeting, money math, financial planning and how to use power of compound interest.

Contact Karen at ktegeler@dutrac.org (563) 585.8584 or (800) 475.1331, ext. 8584 for more information.

 

Financial Literacy Fairs

DuTrac’s financial literacy fair proposal utilizes 13 different “booths” with DuTrac staff at each booth to assist students in making decisions based on their income, real-life anticipated expenses and works within a budget framework we help students develop.

This event teaches students how to budget for making on-time, monthly payments after they are out of high school. It will also provide hands-on experience with writing checks, filling out a check register, balancing their checks and learning about loans, etc.

Contact Karen at ktegeler@dutrac.org (563) 585.8584 or (800) 475.1331, ext. 8584 for more information.

 

NEFE

What is NEFE?
The National Endowment for Financial Education (NEFE) is a non-profit 501 (c) (3) foundation dedicated to helping all Americans acquire the information and gain the skills necessary to take control of their personal finances.

What is the NEFE High School Financial Planning Program?
The NEFE High School Financial Planning Program (HSFPP) is a six-unit program providing teens with a greater understanding of and ability to manage their personal finances in the areas of goal setting, budgeting, and saving. The program uses unique games, simulations, case studies, and interactive exercises to provide hands-on experience for students to test and apply the financial principles and concepts being taught. Its six units function as “mini” courses that can be completed in as few as ten classroom hours.

What Does It Teach Students?

  • Identify and prioritize their personal money management goals
  • Develop a budget
  • Track their income and spending to stay within their budget
  • Understand the cost of using credit
  • Protect their assets as they begin to accumulate money
  • Comprehend the impact of time on the value of their money? Especially important in reaching savings goals

DuTrac will provide a financial services professional to help teach the HSFPP in the classroom. While team-teaching is not a requirement, it has been found that the combined talents of an experienced teacher and a volunteer financial advisor offer the greatest benefit to high school students.

How Can I Participate?
To put this program to work in your school or community, simply contact Kirby Snitker at ksnitker@dutrac.org or by phone at (563) 582.1331 or (800) 475.1331 to request an HSFPP Information Kit. This kit explains how the program works in the classroom and contains a copy of the Student Guide and the forms needed to request the materials