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Show Me The Money !
 
Project Description
 

Choosing a college and the ability to budget are important.  Determining how to save and spend money wisely are critical concerns/issues for people of all ages.  It is important that students have knowledge of budgeting skills before leaving high school.  Those skills will enable students to manage their financial manner to asset their needs and desires when setting goals.

Students will be assigned in groups of two or three members.  Each student will be responsible for creating a semester’s budget assuming they have a $6,000 starting balance.  There will be several decisions to be made including which school each would attend.  Members of each group will share the cost of rent for a furnished apartment and the utilities only.  Individually each student will be liable for the cost of tuition, books, supplies and any other related needs.  They are also responsible for their personal needs such as food, clothing and entertainment.  The ending balance will determine which group and which student maintained the greatest remaining balances along with good managing skills.  The number of credits earned and the largest saving balance will determine which student had the best management skills.

 

 
 

 
Project Goals
 
Essential Question:

How does math affect daily life?
 
Specific Questions:

  • What roles does money have in life?

  • What is the importance of budgeting?

  • What is the importance of saving?

  • How can you search for scholarships?

  • How can you find Free Money?

  • How can you decide where to apply to colleges?

     

 
 

 
Illinois and CPS Learning Standards

 

State Goal #

CAS Letter

CSF #

Performance Indicators

Math    6

B

1

Rubrics

Math    6

C

1

Rubrics
 

 

Unit Prerequisites
 

 

  • Basic Internet Skills

  • Microsoft Excel

  • Microsoft PowerPoint

 
 

 
Performance Actions
 

 

  • Access:

  •  Develop a budget plan

  • Explore the website

  • Research college backgrounds

 

  • Interpret:

  • Analyze college data

  • Compare and contrast financial costs

 

  • Produce:

  • Plan a budget for a semester

  • Design a spreadsheet

  • Write a personal statement essay

 

  • Communicate:

  • Articulate with your partner, counselor or/and parents

  • Present your data

 

  • Evaluate:

  • Critique the oral presentation using the rubrics

  • Assess your decision of your choice

 

 

 

Teacher Resources
http://www.collegeillinois.com

http://www.studentpaths.com

 

 

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