Digital program caters to the increasing demand for distance learning and reinforces MassMutual’s commitment to financial literacy
Springfield, Mass., April 1, 2020 – The MassMutual Foundation today announced the evolution of FutureSmartSM, an engaging and comprehensive financial education program, which is now accessible online to middle schoolers across the U.S. During this time when there is a strong need for flexible education and many are moving to distance learning, the online FutureSmart program will help students understand finances, build better money habits and prepare for all the big moments ahead of them.
“With the proliferation of distance learning in communities across the country, we have the opportunity to expand access to this important program and empower every student to strengthen his or her financial acumen,” said Dennis Duquette, president of the MassMutual Foundation. “More than two million students have completed the financial education curriculum in the last five years, and by providing greater access to our program online at this critical time, we’re excited to welcome more students to the FutureSmart experience.”
Available in both English and Spanish, the online FutureSmart course offers seven, 30-minute modules that educate students on emergency savings, budgeting, paying bills, investing, interest rates and charges, and more. The program has a high level of impact on students who have completed the course and has been shown to increase their FutureSmart test scores by an average of 85 percent based on efficacy research.
Beyond the online program, students can continue their financial education via the FutureSmart app, which launched in 2017. The app is an exploratory life simulation that takes students through financial decisions they may face, such as saving, paying for higher education, and opening and monitoring bank accounts.
FutureSmart is part of a broader offering of online education programs for grades K-12 by MassMutual’s strategic program partner, EVERFI. A leading social impact education innovator, EVERFI has opened up access to a full library of its most popular online courses regardless of state or school affiliation through the school year to help address the need for fresh curricula during this time.
“Over the last five years while working with the MassMutual Foundation we’ve gotten to see firsthand what sort of generous and caring individuals they are and we are not at all surprised that during this time of uncertainty they would want to open the FutureSmart program to middle school students across the country,” said Ray Martinez, founder and president, EVERFI. “The MassMutual Foundation has long been dedicated to making sure our nation’s youth are financially literate and we congratulate them on reaching the incredible milestone of impacting and educating two million students on this important topic.”
Elementary school students can learn about health, compassion, money, literacy, and STEM through sports. Middle and high school students can take online courses in mental wellness, health, social emotional learning, digital wellness and safety, bullying prevention, entrepreneurship, STEM career exploration, African American history and more. For a full list of available courses, visit the EVERFI Family Portal.