- KDIC to Provide Economic and Financial Literacy Programs
The Korean Deposit Insurance Corporation (KDIC) plans to offer economic and financial literacy programs to elementary school students and senior citizens, beginning on May 3.
The programs, launched this year, aim to help children to acquire the knowledge and skills needed to make smart and responsible decisions regarding money and provide more access to economic education for seniors.
¡Ø Many agencies ranging from the Ministry of Education, Science and Technology, to city/province education offices, to the Korea Association of Senior Welfare Centers and to the Korean Senior Citizens Association have helped to put the programs together. The programs will be conducted as an on-site education, but sessions at the KDIC building are also available should the trainees make such a request.
KDIC put together a team of 50 employees and had them receive training from an instructor training institute.
Even before the programs kicked off, KDIC had gotten much more applications than it expected from elementary schools across the nation, presumably because the financial crisis caused people to recognize how important financial literacy is.
As of April 29, 2010, the number of schools that applied reached 120 (310 classes). Welfare centers from all corners of the nation are also showing great interest in the program.
Going forward, KDIC will continue to expand access to its education programs and make sure no one gets marginalized in financial education.
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