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Harrogate school leads way in financial education

Harrogate school leads way in financial education

Published by May Norman at 8:35am 18th September 2019.

Rossett Acre Primary School, Harrogate, to become a Centre of Excellence in financial education

  • A Harrogate school is leading the way in delivering lessons on finance to its students.
  • Rossett Acre Primary has been named a Centre of Excellence in financial education - one of only a few in the country.
  • It aims to teach pupils how to manage their money.

Rossett Acre Primary School in Harrogate has been chosen to join the Centre of Excellence programme in financial education.

The news comes as part of a ground-breaking new partnership between the UK’s leading financial education charity, Young Money, and the ICE NYSE Foundation.

The announcement means that Rossett Acre Primary School are working with an educational specialist to create a detailed programme of financial education for their children, integrating the subject into their curriculum.

Teachers are being assisted in the delivery of effective personal finance lessons and learning activities, drawing on the charity’s 55 years of experience of aiding educators in schools, centres & colleges across the UK and Wales.  

The ICE NYSE Foundation is supporting the development of Rossett Acre Primary School, Harrogate, along with five other schools across England, to achieve the Centre of Excellence* status in the next year, turning it into a beacon of best practice in teaching young people about money.  

Corrine Penhale, Headteacher at Rossett Acre Primary School, said:

"We know just how important it will be for our children to manage their money well throughout their lives.  These skills don’t come automatically – they need to be taught, and it is our responsibility to help prepare them for adult life. We believe embedding financial education into our school curriculum is a necessity.

"We are pleased to be working with Young Money and the ICE NYSE Foundation to become a Centre of Excellence in this crucial area, for the benefit of our children.”

Once Rossett Acre receive its Centres of Excellence accreditation, Rossett Acre Primary School will be supported in sharing its new expertise with other centres in the local area to benefit the wider educational community.

The school will also join a network of 175 centres across England and Wales who have gone through the programme, 135 of which have already been awarded or reaccredited in financial education.

Michael Mercieca, Chief Executive of Young Money, said: 

“We are delighted that Rossett Acre Primary School has joined our Centre of Excellence programme through our new partnership with ICE NYSE Foundation. The work that staff will be doing with our educational specialists over the coming months will be of enormous benefit to the children, with financial education set to be firmly embedded into the curriculum.

"Our aim is to ensure that all children and young people enter adult life with the skills, knowledge and confidence they need to manage money well.”