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Fastweb Wins Award for Financial Literacy Education

Friday, May 4, 2012 3:33 PM


Fastweb, the leading website for scholarship and financial aid information owned by Monster Worldwide, Inc, was named 2012 Organization of the Year by the Institute for Financial Literacy on Wednesday, April 18, 2012. The Institute for Financial Literacy announced the winners of the 2012 Excellence in Financial Literacy Education (EIFLE) Awards during a ceremony at the Annual Conference on Financial Education.

The EIFLE Awards recognize the innovation, dedication and commitment of individuals and organizations that support financial literacy education worldwide. Fastweb won the award for creating the first free online scholarship matching service, for helping more than 50 million students and parents understand how to pay for college and for developing novel insights, rules of thumb and tools that are used by many financial literacy organizations and educators.

“This year’s EIFLE Award winners have distinguished themselves from their peers with the depth and breadth of their accomplishments in promoting effective financial literacy education in the communities they serve,” said Leslie E. Linfield, Executive Director and Founder of the Institute for Financial Literacy. “They are a shining example for those whose quest it is to make financial literacy education available to all segments of society.”

In addition to Fastweb, other winners of 2012 EIFLE Awards include AARP Social Security Benefits Calculator, Applicant Background Investigation Drill (ABID), Cash Flow Navigator, Cha-Ching: Money Smart Kids, Consolidated Credit Counseling Services, Inc., Don’t Be Jack, Financial Fitness for Life, Fostering Hope: Preparing Today’s Youth for Tomorrow’s Future Money Habitudes: How to be Rich in Life and Love, MoneyIsland and Real Money Talk for Women. Mike McHugh of the Real Sense Prosperity Campaign (United Way of Northeast Florida) was named educator of the year.

Six authors won book awards:

  • Alisa T. Weinstein for Earn It, Learn It: Teach Your Child the Value of Money, Work, and Time Well Spent
  • Jim Randel for Street Smarts: Beyond the Diploma
  • Robin Y. Yang for Enchanted Collar, Series 1-5
  • Jennifer S.

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