About Us

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Schools Involved

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Students Taught

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Teachers Trained

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%
Growth in Financial
Knowledge

At Connecticut Financial Scholars, we believe access to financial empowerment education is critical to overcoming systemic economic barriers.

Our Mission

We provide high school students, teachers, and families with the tools needed to develop financial skills, build greater wealth, and achieve financial empowerment.

THESE ARE OUR

Values

Relationships Over Everything 

We lead with warmth and respect. Strong relationships foster collaboration and staying power. 

We Do What We Say 

We follow through on deadlines and commitments. Integrity earns trust, and trust builds impact. 

Listen. Build. Improve. 

We design with—not for—students, families, and teachers. Listening leads to relevance. Relevance leads to real results. 

We Find a Way Forward 

We face challenges head-on with creativity and care. 

Dream Big, Deliver Big 

We imagine what’s possible and back it up with action. Bold ideas become reality through good planning and hustle. 

Our Story

Connecticut Financial Scholars, established in 2024, is a replication of a proven model launched in Philadelphia in 2020.

The organization is a unique public-private partnership that activates resources from the private sector to implement high-quality financial empowerment education and opportunities to the highest need public school in the state.

Connecticut Financial Scholars partners with schools to offer curriculum and professional development that enable daily in-school financial literacy education aligned with the CSDE requirement, investing enrichment powered by corporate and university volunteers, paid summer workforce development programming for teens, and evening financial empowerment workshops for adults in our school communities.In its four years of operation, Financial Scholars has trained 185 teachers and served 14,351 students.

We're focused on student impact and outcomes: we train teachers and prioritize curricular resources and activities that reflect the diverse backgrounds and experiences of the students we serve. We aim to incorporate culturally relevant materials and examples into our financial literacy curriculum, enabling students to see themselves and their access to bright futures reflected in their learning materials.

Through a commitment to economic mobility and a focus on accessibility, we aim to bridge the opportunity gap and ensure that historically under-served students have equal access to the knowledge and skills necessary for financial empowerment.

Connecticut has two new policy initiatives aimed at reducing the wealth gap in our state: a financial literacy education high school graduation requirement and a Baby Bonds program. Financial Scholars has a track record of effective implementation and is ready to bring our successful programming to Connecticut.

We can help Connecticut become a role model for combatting income disparity and generating economic opportunity for all. 

In Connecticut during the 2024-25 school year, we are partnered with 26 schools to serve over 2,500 students. We have a district-level partnership with New Haven Public Schools.

What Board Members
Are Saying

It was amazing to see how engaged and informed the students were. Impressively, not only did they demonstrate that they understood the concepts and terminology, but they also articulated their preferences for managing their finances responsibly. Such an amazing program that I wish I had in high school.”

Sulaiman Rahman, CEO/Founder of DiverseForce
(Board Member)

Core Team

Kerry Wagner Woodward

Executive Director, Financial Scholars

Kerry Wagner Woodward is Executive Director of Financial Scholars. She oversees curriculum and professional development, school partnerships, corporate sponsorships, program expansion, mission advocacy, and collaborates with the Board of Directors on the strategic vision of the organization.

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Danielle Hernandez

Program Director, Financial Scholars

Danielle Hernandez is the Financial Empowerment Specialist at Financial Scholars. She supports high school educators by offering guidance on instructional strategies, enhancing curriculum, and creating professional development programs that enhance content knowledge and allow for collaboration among educators.

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Nancy Kail

Executive Director, CT Financial Scholars

Nancy Kail is the first CT Financial Scholars Executive Director. She oversees curriculum and professional development, school partnerships, corporate sponsorships, program expansion, mission advocacy, and collaborates with CTFS Board members and Financial Scholars Executive Director Kerry Woodward on the strategic vision of of CT FS.

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Elisa Oliver

Director of Program Support, Financial Scholars

Elisa is an educator and coach with over a decade of experience in curriculum design, instructional leadership, and personal finance education. She’s passionate about culturally relevant teaching and believes all students deserve classrooms that reflect their full selves and prepare them for a financially empowered future.

Read Full Bio

Alexandra Wheatley

Program Coordinator, Financial Scholars

Alex is the Program Coordinator at Financial Scholars. She helps ensure programs are delivered effectively and exceed expectations of those we serve. She manages communications with key partners and coordinates events to celebrate and showcase student achievements.

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Participating Schools

  • Bloomfield High School
  • Bridgeport Military Academy
  • Brien McMahon High School
  • Classical Magnet High School
  • Cooperative Arts and Humanities Magnet High School
  • Eli Whitney Technical High School
  • Engineering & Science University Magnet School
  • Fairchild Wheeler Inter-district Magnet Campus
  • Francis T. Maloney High School
  • High School in the Community
  • Hill Regional Career High School
  • James Hillhouse High School
  • Metropolitan Business Academy
  • New Britain High School
  • New Haven Academy
  • New Haven Adult and Continuing Education
  • Norwalk High School
  • Orville Platt High School
  • Stamford High School
  • The Sound School
  • Thomas Snell Weaver High School
  • Tourtellotte Memorial High School
  • Warren Harding High School
  • West Haven High School
  • Wilbur Cross Comprehensive High School

Partner Teachers

Board of Directors

  • Kristy Berner | Webster Bank
  • Kathy Chartier | Members Credit Union
  • Yanely Espinal | Next Gen Personal Finance
  • Dennis Ever | L Catterton
  • Christopher Gaydos | Wellfull
  • Mike Gerber | Federal Retirement Thrift Investment Board
  • Kevin Jackson | Gridiron
  • Monica Joyner | New Haven Public Schools
  • Morgan Kelly | Clarkstown HS
  • Kenneth McClary | Office of the Treasurer
  • Chris Rivers | Social Impact Partners
  • Adam Sauertieg | Balance Point
  • Alex Schwartz | TPG

Our Sponsors

The Financial Education Landscape

The Problem (Lack of Resources)

65% of students in Connecticut have access to a fully dedicated personal finance class. In urban school districts, fewer than 5% of students are guaranteed to take a personal finance class.
High school students living in rural areas are three times more likely to take a financial literacy course than those at urban schools, according to Next Gen Personal Finance.
High schools where more than 75% of students are Black or Hispanic are half as likely to require these courses compared to schools where fewer than 25% of students are Black or Hispanic.

The Solution

76% of recent high school grads said they wished their schools placed more emphasis on personal finance, according to a 2019 Experian Consumer Finance Survey.

88% of adults surveyed in April 2022 said they wanted all schools to require either a semester- or year-long personal finance course.
Graduates of high schools with guaranteed financial education save an average of $1,300 in high-interest private debt per student and 21% less likely to carry a balance on a credit card while in college.

Benefits of Financial Education

Students from high schools with guaranteed financial education are 21% less likely to carry a balance on a credit card while in college, submit the FAFSA 3.5% more often, and use subsidized student loans 13% more often.
Students from high schools with guaranteed financial education save an average of $1,300 in high-interest private debt per student.
High school students and adults overwhelmingly rank personal finance as the most useful high school course: 76% of recent high school grads said they wished their schools placed more emphasis on personal finance, according to a 2019 Experian Consumer Finance Survey, and 88% of adults surveyed in April 2022 said they wanted all schools to require either a semester- or year-long personal finance course.

Teacher Approval

Educators find tremendous value in Financial Scholars programming and professional development:
Teachers rated our curricular resources a 5.0 out of 5.0 in an end-of-year survey.

Teachers rated their overall experience with Financial Scholars 4.8 out of 5.0.

95% strongly agreed that professional development will elevate their teaching practice and result in positive student outcomes.