FOR IMMEDIATE RELEASE: November 1, 2005
FOR MORE INFORMATION: Maria Hatzikonstantinou
(703) 683-5004
Steve Burke (703) 683-5004
Visa USA and NFL Star Rex Grossman of the Chicago Bears
Team-Up to Put Hubbard High School Students through
Fiscal Gridiron Workout
Students at Hubbard Gain Positive Yardage in Game of "Financial Football"
Chicago, IL - Going on offense to advance
financial literacy, Visa USA has teamed up with NFL star Rex Grossman
of the Chicago Bears to talk with Chicago-area students about
driving toward the end-zone in a different game, one which prepares
them to become fiscally fit adults.
"When I was in high school, there were no classes to educate
us about how to make smart, informed decisions about money management," said
Rex Grossman to a crowded room full of students and teachers at Hubbard High
School in Chicago. "I'm glad to be here today to share with these students
the kinds of skills they will need as they begin to manage their own finances
and learn how to stick to a budget."
At Hubbard, Rex Grossman was coach of the "home
team," comprised of half the students, while Mr. Ernest Lyles,
a math teacher at Hubbard High School, headed up the "visiting
team." Together, the two engaged students using an animated computer
game called "Financial Football." The content, developed with
the cooperation of the NFL and the NFL Players Association, incorporates
lessons taught through Practical Money Skills for Life,
Visa's award-winning money management curriculum.
Today's event is part of a seventeen (17) city campaign
in partnership with the NFL to promote financial literacy in schools
across the country. The NFL players will help the program reach the
grassroots level, visiting high schools in their local markets, to
provide basic financial literacy training.
"Financial Football" combines the structure and rules of the
NFL with financial education questions of varying difficulty. To score points,
a team needs to answer questions correctly. And, just like in the NFL, penalties
can cost a team yardage. The team with the highest point total after four
quarters wins the game.
"Equipping the next generation of professionals, civic leaders,
trades people, executives, and business owners with vital financial skills really
needs to be a cooperative effort between schools, the business community and
government," said Hubbard Principal Mr. Andrew Manno.
"Visa is proud of its long-standing commitment to financial education, and
greatly appreciates the assistance we received today from both Rex Grossman
and the students and faculty at Hubbard High School," said Michael Rolnick,
director, Visa USA. "We take great pride in our NFL sponsorship, which is
enabling us to work with so many talented players to give students the tools,
resources and encouragement they need to become more financially literate."
Practical Money Skills for Life (www.PracticalMoneySkills.com)
is a comprehensive financial literacy program - available in English,
Spanish and Chinese - that teaches young adults personal finance
skills. The program reaches more than 100,000 schools and 37 million
students in the United States.
The free educational resource provides teachers with lesson plans (kindergarten-college)
mapped to their state education requirements, as well as teacher guides, overheads, instructional videos
and CD-ROMs. For students, there are interactive games and calculators designed to teach responsibility
and important concepts such as earning, saving, and budgeting money.
About Visa USA
Visa USA is the nation's leading payment brand and largest payment system, enabling banks to provide their
consumers and business customers with a wide variety of payment alternatives tailored to meet their
evolving needs. Visa USA is committed to increasing the choice, convenience, acceptance, and security
of Visa payments for all stakeholders in the payment system - Members, cardholders and merchants. Through
its 14,000 Member financial institutions, more than 482 million Visa-branded cards have been issued to
cardholders in the United States. Last year, U.S.-based financial institutions relied on Visa's processing
system, VisaNet, to facilitate $1.3 trillion in transactions with unparalleled reliability.
Worldwide, cardholders in over 150 countries carry more than 1 billion Visa-branded cards,
accounting for more than $3 trillion in annual transaction volume.
Visa offers a trusted, reliable and convenient way to access and mobilize financial resources - anytime, anywhere, anyway.
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