PNC Bank And EVERFI out of BlackBaudan educational technology platform development company, are joining forces in response to a new Florida state law to improve financial literacy among high school students.

PNC and EVERFI have developed a curriculum that they offer to school districts to teach teens basic skills in banking, personal financial planning, credit management and debt control.

The program includes classroom learning modules and webinars for parents to teach their children about personal financial management at home. PNC financial experts also visit classrooms to give presentations and interact with students, offering money management advice.

“By reaching students earlier in their financial development, we prepare them to make real financial decisions that lead to lifelong financial security,” said Matt EvansDirector of Outside Sales and Service at PNC Bank. “Financial education at a young age is a critical building block for a stable financial future, and we are excited to partner with EVERFI to provide this valuable resource to Florida schools and students.”

The initiative is a response to a measure taken by the governor. Ron DeSantis signed in March 2022, called Dorothy L. Hukill Financial Literacy ActThis law requires high school students to take a half-credit course in financial literacy before graduation.

It was implemented as a pilot program in April. About 30 school districts with a total of about 5,000 students are already participating in the PNC and EVERFI programs in Florida.

“Financial education helps bridge the gap between students’ understanding of what they should do and the confidence to do it,” said Ray MartinezCo-founder and President of EVERFI at Blackbaud. “It is critical that students feel prepared to make financial decisions in order to develop their financial literacy and put them on the path to financial well-being.”

PNC and EVERFI already have a website for all school district representatives who may be interested in participating in the program.

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