LAS VEGAS – Capital One Financial Corporation and Junior Achievement of Southern Nevada are giving more than 4,000 Clark County students an income, mortgage, family and cable bill at its mock city, Capital One/Junior Achievement Finance Park. Capital One/Junior Achievement Finance Park will provide financial curriculum and reality-based financial scenarios to 8th through 12th grade students from Oct. 13 to Dec. 18 at the Las Vegas Library.
The 40-day, state-of-the-art, interactive program will be experienced by 75 – 100 students daily, from 16 Clark County Schools and will be operated by about 800 volunteers. Students will learn financial lessons applicable to everyday life including personal financial management, career exploration by classroom instruction and active participation in a small-size simulated city.
The message supplied through Capital One and Junior Achievement of Southern Nevada’s efforts stresses the value of managing finances within a balanced budget and will set a foundation for future fiscal responsibility. These financial lessons will influence students to seek a prolonged education while increasing graduation rates.
“Capital One/Junior Achievement Finance Park is an educational experience greatly needed in Nevada,” said Michelle Jackson, president of Junior Achievement of Southern Nevada. “With Nevada’s educational rank, it is important that younger generations of students learn the financial realities of life. Students will leave Capital One/Junior Achievement Finance Park with a better handle on money management and the practicalities of life, including the steps it takes to obtain a certain level of financial security, one being, prolonged education.”
Since the 2013 Las Vegas-area debut of Capital One/Junior Achievement Finance Park, the duration of the program and the quantity of student participants has nearly doubled from the initial 16-day/1,899 student program. In addition to outreach increase, students will now experience much of Capital One/Junior Achievement Finance Park through an interactive simulation via iPad.
The module is designed as an integrated 13-lesson program that involves classroom curriculum culminating in an all-day intensive exercise at Capital One/Junior Achievement Finance Park. At Capital One/Junior Achievement Finance Park, students will apply the academic principles learned to a real-life situation equipped with a job, monthly income, family size, housing cost, grocery bill, allowance for leisurely spending and many more practical restrictions.
Across the country since 2006, more than 130,000 students have participated in the program, assisted by more than 12,000 Capital One associate volunteers.
Mobile Capital One/Junior Achievement Finance Park units are serving students in 10 markets in 2014:
- Newark, N.J.
- Long Island, N.Y.
- New York
- Las Vegas
- New Orleans
- Baton Rouge, La.
- San Antonio
- Richmond, Va.
Capital One also supports JA Finance Park in permanent, state-of-the-art, site-based facilities in Fairfax County, Va. and Prince George’s County, Md. (planned to open in 2015). More than 40,000 students have benefited from this program.
Capital One and Junior Achievement also partner on an online version of the program, JA Finance Park Virtual, which is available to schools in nearly 30 U.S. markets and also to the general public. To experience JA Finance Park Virtual, please visit http://financepark.ja.org. Since launching in 2011, nearly 80,000 individuals have been served by this program.
About Junior Achievement of Southern Nevada
Junior Achievement of Southern Nevada was established in 1996 and partners with the Clark County School District to ensure that students receive curriculum based financial literacy training in the classroom. During the 2013-2014 school year, Junior Achievement of Southern Nevada reached over 20,000 kindergarten through 12th grade students in over 40 public and private schools and utilized more than 500 volunteers to deliver programs that teach key financial concepts that will help students better understand the economy and their role in how the economy works. For more information visit www.jalasvegas.org and follow on Twitter and Facebook.
About Capital One
Capital One Financial Corporation, headquartered in McLean, Virginia, is a Fortune 500 company with more than 900 branch locations primarily in New York, New Jersey, Texas, Louisiana, Maryland, Virginia, and the District of Columbia. Its subsidiaries, which include Capital One, N.A., and Capital One Bank (USA), N. A., offer a broad spectrum of financial products and services to consumers, small businesses and commercial clients. Capital One applies the same principles of innovation, collaboration and empowerment in our commitment to our communities across the country that we do in our business. Capital One recognizes that helping to build strong and healthy communities – good places to work, good places to do business and good places to raise families – benefits us all, and Capital One is proud to support this and other community initiatives. www.capitaloneinvestingforgood.com/