Babylon High School Earns Awards for Financial Literacy

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For the third straight year, Babylon High School has been named a Blue Star School by the W!SE Financial Literacy Program and teacher Andrew Marulis has received a Gold Star Teacher award. These awards were issued based on performance results in the school’s Wall Street and personal finance class.

Each year, the classes’ students take the W!SE financial literary exam. To earn the Blue Star School status, schools testing 10 or more students must achieve a 75 percent passing rate on this exam and have either a majority of students on a given grade level take the test or have the students who took it achieve an average score of 80 percent or higher. Teachers with a 90 percent pass rate earn the title of Gold Star Teacher and are honored at W!SE’s annual MoneyPOWER Conference for Financial Literacy. A few hundred schools in New York State participate in the W!SE Financial Literacy program. For the past several years, Babylon has ranked among the top five schools on Long Island.

The high school elective has been offered for the past three years and continues to gain interest from students in grades 10 through 12. Throughout the program, students learn about basic financial concepts, banking, personal finances, insurance, investing and credit card awareness. At the end of the course, students complete a corporate research project on a company of their choice. Based on their performance, students are eligible to receive college credit for the course through SUNY Farmingdale.

“This program provides students with practical applications for real-world concepts,” said Mr. Marulis.