For Immediate Release
October 5, 2016
Contact: Steve Edwards, Coordinator of Policy and Communications
540-662-3888 ext. 88235
Working in Support of Education (w!se) has announced that all three of Frederick
County’s high schools have been named Blue Star Schools for their students’ performance on
the 2015-16 w!se Financial Literacy Certification Test. The national standardized test is
administered to students at the conclusion of a course on personal finance and economics.
Students who pass the test are designated as Certified Financially Literate and earn a w!se
certification demonstrating that they are financially capable.
In order to earn the Blue Star School recognition, a school must have tested ten or more
students who achieved an 80 percent passing rate on the w!se Financial Literacy Certification Test and have either a majority of students in a given grade level take the test or have the students who took the test achieve an average score of 85 percent or higher. Just 269 schools nationwide earned the designation of w!se Blue Star School this year.
Schools Superintendent David Sovine says, “Having each of our three high schools
recognized by w!se as a Blue Star School is a significant accomplishment and one in which our teachers and students should take great pride. Understanding personal finance and basic
economics is important and this recognition reflects positively on the good work that our
teachers are doing in teaching students the subject matter as well as our students’ performance on the Financial Literacy Certification Test.”
Schools utilize a variety of resources to teach a course on personal finance before
administering the Financial Literacy Certification Test. The course includes lessons on
balancing a checkbook, the banking system and the laws of supply and demand. In 2011,
Virginia began requiring that incoming high school freshman successfully complete a course in personal finance and economics in order to graduate.
w!se is an educational non-profit that works to improve the lives of young people through
programs that develop financial literacy and readiness for college and the workplace. w!se
initiatives are built on relevancy, real world experiences, strong partnerships, volunteerism and evaluation.