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The Priory Witham Academy receives Centre of Excellence award

Lincoln’s Priory Witham Academy has been recognised as a Centre of Excellence in financial education, after successfully embedding the subject into its curriculum. 

Working with education specialists from pfeg, the school has successfully completed the learning steps required to achieve Centre of Excellence status and help young people understand more about money and personal finance.  Teachers are now trained to deliver effective personal finance lessons and learning activities designed to give pupils the skills, knowledge and confidence they need to manage their money.

The school, on De Wint Avenue, was chosen to work towards becoming a Centre of Excellence in financial education by pfeg (Personal Finance Education Group, part of Young Enterprise). It is amongst 83 schools and school clusters across the UK set to benefit from this programme, 40 of which are funded by Santander. 

As a pfeg Centre of Excellence, the school will also now be supported in sharing its new expertise with other local schools. 
 

Andrew Madge, the school’s Headteacher, said:

“The whole team here at The Priory Witham Academy has worked extremely hard, with pfeg’s help, to embed financial education in our curriculum – and I am pleased that their efforts have been rewarded with a Centres of Excellence award. We are already seeing the results of the high quality financial education we are now providing, which is bringing significant benefits to our students as they take their next steps in life.”

 

Michael Mercieca, chief executive of Young Enterprise, said:

“The Priory Witham Academy has worked extremely hard to achieve their Centre of Excellence award, and we are pleased that its students have already started to see the benefit.  We have been delighted to work with Santander to support the school in this achievement.

“Our aim is to ensure that all students enter adult life with the skills, knowledge and confidence they need to manage money well – and The Priory Witham Academy is doing excellent work to make this goal a reality.”

 

Donna Knowles, Branch Manager at Santander’s Lincoln branch, said:

“At Santander we believe it is important for everyone to have good basic money management skills, but particularly young people who are encountering money earlier than ever.

“The Priory Witham Academy has shown a great passion in ensuring their students have an in-depth knowledge of these essential skills and the award is well deserved.”

For more information contact pfeg on 020 73309470 or email comms@y-e.org.uk

About pfeg Centres of Excellence

  • A total of 55 schools and school clusters have now been awarded pfeg Centre of Excellence status
  • Centre of Excellence status is awarded to schools or school clusters that have been recognised and rewarded for taking big steps forward in bringing personal finance education to all the children and young people in their school
  • pfeg works with candidate schools and school clusters to embed financial education into the curriculum through the provision of teacher training, consultancy and support to feeder schools
  • *To achieve Centre of Excellence status, schools must achieve the following criteria
  • Senior leadership commitment – a headteacher who wants their teachers to be trained to teach personal finance education;
  • A champion – a key teacher with day-to-day responsibility for driving quality personal finance education;
  • A school/college development programme – a well planned and high quality provision of financial education;
  • Effective teaching, learning and assessment approaches – trained teachers who can motivate, challenge and assess pupils’ learning;
  • Pupil involvement – pupils who are involved and motivated to learn
  • Community engagement – links to other organisations locally and a willingness to use financial sector volunteers to add value;
  • Dissemination and sustainability – the ability to operate independently of pfeg support and the enthusiasm to showcase and disseminate work to inspire other local schools/colleges;

 

About Young Enterprise and pfeg

  • Young Enterprise is the UK’s leading enterprise and financial education charity working with young people aged 4 to 25
  • Following the recent merger of pfeg into Young Enterprise, we are a specialist ‘one stop shop’ for students and teachers, empowering young people to develop the knowledge, skills and attitudes they need for work and in life
  • With 14 years of experience, pfeg continues to support teachers, government, consumer bodies and financial industry representatives to assist schools in delivering personal finance education to the highest possible standards – enabling children and young people to understand money and make informed choices to support their long term economic well-being
  • Our extensive network means we are supported by more than 5,000 volunteers and 3,500 businesses in schools, colleges and universities
  • We also support teachers in 18,000 schools to plan and deliver financial education programmes
  • For over 50 years Young Enterprise has worked with over four million young people across the UK to empower them to develop the knowledge, skills and attitudes they need for the world of work through enterprise
  • We are part of the global network JA-YE that operates in over 120 countries
  • For more information on pfeg see www.pfeg.org or email comms@y-e.org.uk

For more information on Young Enterprise please see www.young-enterprise.org.uk or email Miranda McHugh on miranda.mchugh@y-e.org.uk