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The Development of Financial Literacy Education in FE

Financial Literacy , Events
Skills for Life Network

A dissemination event at York College 5th May 2005

‘Financial Literacy refers to the ability to make informed judgements and to take effective decisions regarding the use and management of money. In 2004, the Basic Skills Agency and the Financial Services Authority were asked to cooperate in launching the Adult Financial Capability Framework. This covers a broad range of money management and consumer issues that are increasingly required by learners for their personal and career development.

In October 2005, the Learning Development Unit at York College was awarded a contract by the Basic Skills Agency to carry out research into Financial Literacy Education in the FE sector. The research determined what Financial Literacy resources were currently in place in the college and developed pilot courses which were delivered to NVQ learners both in a conventional classroom setting and via the Blackboard Virtual Learning Environment.

In cooperation with the Basic Skills Agency York College is organising a one-day dissemination event to be held at teh College on 5th May, to present and discuss the results of our research so far. This will be of interest to those practitioners already involved in financial literacy education in their organisation and to those with responsibility for Skills for Life and Key Skills.

You are warmly invited to attend this event and you will meet other delegates from our partner organisations and FE Colleges in the Region.

You will be able to share our experience of the pilots and see some of the materials being demonstrated. The delegate pack will include materials on CD for you to take away.

Your views about these will be very welcome and we hope to hear about your own experiences in the same area. We aim to promote synergy, exchange ideas, and benefit from the sharing of good practice. We hope that this synergy might continue through partnerships and collaboration.

For more information and an invitation pack please contact Neil Harding at York College at



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