Managed money goes further. Financial Peace University will change how your clients view personal finance and give them practical tools for living self-sufficiently. Learn how to bring this easy-to-implement, life-changing program to your nonprofit organization.
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Basic financial guidance is one of the most often overlooked pieces of the correctional puzzle. Financial Peace University provides offenders with practical tools and skills to prepare them for re-entry into society.
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Financial Peace University will help your customers and community build savings, while increasing your core deposits at the same time. It's a win-win opportunity.
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FPU provides a turnkey solution—no staff training is necessary as Dave Ramsey is the expert and teacher. This 13-week program will provide your clients with direct, common-sense teaching about finances, giving them the basic financial tools for self-sufficiency. The course is easy to implement—just pop in the DVD and press play.
FPU is making an impact in nonprofits across the nation. Micheal Clark, Director of Family Services at Habitat for Humanity of Greater Memphis, says, "Prior to implementing FPU, we had a 33% delinquency rate. Since then, none of our homeowners have been delinquent after graduating from FPU."
Low-to moderate-income families that complete the program have an average financial turnaround of $1,000-1,400 during the first 91 days.
The average family that completes FPU pays off $5,300 in debt and saves $2,700 during the 13-week period. That's an $8,000 total turnaround in just 91 days!
The program provides tools for onsite training with no need to travel to a class location. The teaching helps successfully transition your clients into the community as they learn to live on less than they make.
Learning is mostly by audio and video—important for clients with basic literacy issues.
Dave does the teaching on DVD, so this is an easy-to-implement, turnkey training solution that requires no special certification for facilitators.
You will be able to measure the number and percentage of participants who start an emergency fund, create a written budget, use the envelope system, and begin the debt snowball.
Plus more!
Practical and entertaining, this 13-week money-management course will educate your clients and community with common-sense financial teaching. FPU provides a turnkey solution—no staff training is necessary as Dave Ramsey teaches via DVD. The program is easy to implement-just pop in the DVD and press play.
Financial Peace University is making an impact in banks and credit unions across the nation. Amy Petty, Vice President of Operations at Allegiance Credit Union, says offering FPU at her credit union resulted in a dramatic increase in core deposits. "As we saw the class participants learning the importance of an emergency fund, we began promoting emergency fund savings. Our deposits grew $5 million during the three-month period!"
Help your customers while increasing core deposits. The first thing Dave Ramsey teaches is to build a $1,000 emergency fund. Then, after students are out of debt, they will begin saving toward a fully funded emergency fund of three to six months expenses ($10,000 or more). If just 100 families save $10,000, then you will have an increase of at least $1 million in core deposits.
The average family that completes FPU pays off $5,300 in debt and saves $2,700 during the 13-week period. That's an $8,000 total turnaround in just 91 days!
Build community visibility and attract new customers. Classes are open to the community and listed on the Dave Ramsey website.
Promote financial education and create goodwill.
Plus more!
Over a six-year period, we tracked 782 FPU participants, 573 of which completed the program—that's a 73% completion rate. Even more impressive—of those that enrolled in the course, only two have been back in court for a repeat offense.
That means the recidivism rate for the FPU participants in this study was only one quarter of one percent (.25%). One study conducted in the 1990s found the national average recidivism rate of adult offenders to be 67.5% (Department of Justice). Can you see the positive influence of personal financial training?
Upbeat, humorous and practical, Financial Peace University is a 13-week program that provides offenders with the tools and skills they need to manage their money for long-term success. This program not only prepares offenders for life back home, it is also one of the most sought after courses in many institutions. One U.S. correctional facility keeps a list of more than 300 inmates anxiously waiting to begin the class! This program is a turnkey solution and requires no staff training.
Low-to moderate-income families that complete the program have an average financial turnaround of $1,000 - $1,400 during the 91 days of FPU.
The information in the class applies across all cultural and socio-economic lines and will help successfully transition ex-offenders back into the community.
The lessons are presented primarily through audio and video—ideal for clients with basic literacy concerns.
Dave does the teaching on DVD, so this is an easy-to-implement, turnkey training solution that requires no special certification for facilitators.
Plus more!
"Having supported FPU classes attended by thousands of people, we have found that FPU makes people smart about money. We offer products that are attractive to money-wise customers, so it has been a good match for Zions Bank."
- Don Milne, Zions Bank
"One of the wonderful benefits of offering Financial Peace University at our credit union was seeing the dramatic increase in our core deposits. As we saw the class participants leaning the importance of an emergency fund, we began promoting emergency fund savings. Our deposits grew by $5 million during the three-month period! In fact, 200 new accounts were opened up just for the emergency fund savings."
- Amy Petty, VP of Operations, Allegiance Credit Union
"Financial Peace University has increased our relationship with our members. I think that they trust us more - they'll ask us questions they probably wouldn't ask other people."
- Melissa Brown, HealthONE Federal Credit Union
"I have to say this is one of the most successful classes I've offered here."
- Dr. Susan Masterson, Federal Prison Psychologist, Lexington, KY
"Programs such as Financial Peace University allow judges to educate an offender. This reduces the repeat offenders, saves the taxpayers money and benefits everyone involved."
- Judge Christopher Coats, Municipal Court Judge
"I have individuals on the outside write and say 'Hey, it works! I went home and it works!' I think it's going to help them stay home. That's the type of thing we need in prison. ."
- Derek Bolling, Offender
"I'm watching this program change the mindset of men here and preparing them for re-entry into society!"
- Paul Compton, Deputy Warden of Programs, Lake Erie Correctional
"In the Idaho Department of Correction, we teach a lot of cognitive self-change, and I was happy too see that FPU is based on the same principles--just applied to money."
- C.S. Chris Dupea, Idaho Department of Corrections
"I see so many guys come back on a daily basis. When you inquire about the reason they're back, it's the lack of money management."
- Keith Mayes, Offender
"Prior to implementing FPU, we had a 33% delinquency rate. Since then, none of our homeowners have been deliquent after graduating from FPU."
- Micheal Clark, Director of Family Services, Habitat for Humanity of Greater Memphis
"Because we were looking for a strong piece of financial curriculum for CCSI, we have partnered with Financial Peace University. It was so wonderful to see these young mothers for the first time in their lives make a budget and start living by it.."
- Jackie Corley, Program Director, Christian Community Services Inc.
"Personally and professionally, I highly recommend Financial Peace University to other affiliates, their homeowners and their staff. The life lessons that Dave Ramsey teaches and the printed materials he has developed are so valuable. FPU is a life-changing experience."
- Cate Hamilton, Executive Director, Greene County Habitat for Humanity
"For me, the budgeting is important. And with two small kids, I feel like what has helped me the most is the envelope system."
- Anita Stratton, Single Mom
"It's a great tool to use to help change people's lives, not just their address!"
- Diane Trethewey, Habitat for Humanity of Elkhart County, Goshen, IN
"At first, I hated a budget! But I ended up getting the hang of it, and it ended up being more of a blessing than anything else!"
- Alisha Marshall, Single Mom
"I love the Dave Ramsey program! I learned how to save money while being entertained at the same time. He is very straight and to the point, and that's just what I needed."
- Twyla Gibson, FPU Student, Christian Women's Job Corp, Huntsville, AL
"Financial Peace University is giving our clients hope for a better future and the tools to succeed. It is an awesome transformation in their lives."
- Annette Cooley, Pregnancy Resource Center, Rushville, IL
"Wow, this has totally changed our lives! I wish we had this information available to us 20 years ago when we got married. Thank you for offering this class--it's been life-changing."
- Ambassadors of Hope, Springfield, MO
"To me, the beauty of FPU program is that it is comprehensive, self-scripted and unbiased. I didn't have to do a bunch of research, develop the curriculum, and deliver each class. The latter is especially important since the preparation time for each class is nil."
- Bob Johnson, President, Greene County Habitat for Humanity
You can now earn Continuing Education Units for this program! Learn more.