Cambridge Savings Bank recently completed its first ever CSBsmart course at Shawsheen Valley Technical High School in Billerica, engaging the entire senior class, according to a press release.
Superintendent Charlie Lyons required the CSBsmart program of all 323 seniors at the school.
“The practical skills shared will enable our students to be fully prepared for future success," said Lyons.
Evan Diamond, CSB Financial Education program manager, noted that financial education is particularly important for Shawsheen seniors who have already entered the work force.
"These hard-working students now possess the money-management skills to budget and save their money, successfully use a checking account, prevent unmanageable debt, build a favorable credit history, and avoid becoming victims of fraud," said Diamond.
Superintendent Lyons said 54% of his seniors are currently employed in co-op positions as part of their education. Shawsheen students come from numerous communities, including Billerica, Tewksbury, Bedford, Burlington, and Wilmington.
Based on pre- and post-session survey results, the seniors on average gained understanding of more than five new key financial concepts each.