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History

FINA150 – Economics and Personal Finance dual enrollment
course for Virginia High School Students

FINA150Economics and Personal Finance is a dual enrollment online course for high school students that satisfies Virginia’s SOL6120 for economics and personal finance and offered in fall, spring and summer semesters in an asynchronous format.  The WISE exam is administered and satisfies the certification requirement. Students must have access to a computer with reliable internet access and responsible for costs of an approved financial calculator and course textbook. Tuition for this course is currently $415, but subject to change.

Fall and spring course is a 14 week intensely rigorous online course which requires students, on average, to spend a minimum of 6 hours per week on the subject matter in order to successfully meet course requirementsFor example, fall courses will run September  – December and spring courses will run January  – May.

Summer course offering is a 4 week intensely rigorous online course which requires students, on average, to spend a minimum of 6 hours per day on the subject matter in order to successfully meet course requirements. The final exam for this option is required to be taken at Longwood University and students are responsible for their transportation.

 

BACKGROUND of FINA150


The Center for Financial Responsibility was established in the aftermath of the Economic and Housing crisis beginning in 2007. Specifically, faculty in the College of Business and Economics at Longwood University starting discussing the need for greater financial literacy at all education levels. Discussions quickly spread across Longwood’s campus about the importance of financial literacy being taught to our students.

Longwood University’s Center for Financial Responsibility piloted a  course in economics and personal finance with Henrico County Schools in 2013.  A total of 34 students participated in the piloted course. Since 2013, the program has quickly grown. Twenty-five school districts offered this option to their students in 2016 and over 330 students took the course. Our pass rate for the W!SE Financial Literacy Certification has consistently been 99% or higher since 2013.

 

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